Zip lookup · IN

47138
Lexington, Indiana.

Lexington, Jefferson County, IN · Madison, IN metro · population 4,859

What it costs per month · 47138 $1,327/mo

to buy the typical home at today's mortgage rate — +$794 (+149%) since Jan 2020.

What the home itself did
1 year
Up $11,981 +5%
$240,763$252,745 since Sep 2025
5 years
Up $72,974 +41%
$179,771$252,745 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 47138 $1,327 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47138$1,327
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 47138 rose 5.0% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Jefferson County, IN 54% · Scott County, IN 46%

Zillow also publishes an index for the city itself: Lexington, IN — measured over the city limits, which is a different area from this zip.

Typical home value $252,745 as of Sep 2026
+5.0%year on year

Typical home value — 47138

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 47138 $252,745 Madison $237,971 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 47138$252,745
  • Madison$237,971
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
6.3 47243 Hanover 6,225 — $221,726
6.9 47147 Nabb 1,317 — $284,560
8.0 47230 Deputy 2,086 — $229,358
9.2 47141 Marysville 1,584 — $305,375
10.6 47162 New Washington 514 — $229,260
10.7 47163 Otisco 1,335 — $293,232
11.5 47177 Underwood 1,782 — $255,433
11.9 47102 Austin 6,659 — $157,861
12.7 47270 Paris Crossing 510 — $236,601
13.0 40045 Milton 3,251 — $228,078
13.4 47126 Henryville 4,372 — $326,275
13.4 47170 Scottsburg 15,451 — $212,553
13.7 47227 Commiskey 1,177 — $266,813
15.1 47111 Charlestown 17,738 $1,579 $306,848
15.3 40077 Westport 678 — $335,412
15.7 40006 Bedford 5,068 — $247,102
15.8 47231 Dupont 675 — $225,845
16.1 47250 Madison 22,884 $1,500 $241,132
16.7 47229 Crothersville 2,965 — $193,914
17.5 47143 Memphis 3,833 — $301,253
18.0 40026 Goshen 5,975 — $511,730
19.3 40055 Pendleton 1,942 — $348,982

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.