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Fairland, IN—46126

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$273,000
0.2% YoY Growth
Household Income
$73,700
8.9% YoY Growth
Days on Market
35
36.0% Shorter YoY
Home Price Forecast
0.4%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fairland, IN

As of May '26, the median home price in Fairland, IN is $273,000, with a year-over-year change of 0.2%. This indicates that home prices in Fairland, IN are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$273,0000.2%
Single Family $273,0000.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$182,0001.1%
    3 Bed
    		$275,0000.4%
    4 Bed
    		$389,000-0.3%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    4.0%
    2 Bedrooms
    17.4%
    3 Bedrooms
    51.1%
    4 Bedrooms
    20.8%
    5+ Bedrooms
    6.7%

    Rental Trends — Fairland, IN

    Fairland, IN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    25.1%
    2 Bedrooms
    26.6%
    3 Bedrooms
    24.4%
    4 Bedrooms
    24.0%

    Property Listings — Fairland, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Fairland, IN is 35. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$289,000-30.0%
    Listing Count
    		1748.0%
    Listings as % of Homes0.5%48.0%
    Days on Market
    		35-36.0%
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    Demographics — Fairland, IN

    As of the latest ACS Survey released in 2023, Fairland, IN has a population of 3,980, which has decreased by -23.8% over the past 5 years. Fairland, IN is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,980-23.8%
    % Under 18
    		19.5%-21.1%
    % Seniors
    		22.6%43.9%
    % WFH
    		14.1%271.1%
    % w/ College Degree
    		20.3%-13.2%
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    As of the latest ACS Survey released in 2023, Fairland, IN is a predominantly white area, with 96.6% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Fairland, IN is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.2% of the population in Fairland, IN, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		96.6%-1.1%
    % Black
    		0.1%∞%
    % Hispanic
    		2.5%108.3%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.2%-50.0%
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    Mortgage and Risk — Fairland, IN

    According to HUD data as of 2023, there were 111 mortgage originations in Fairland, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Fairland, IN. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		111
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		17.0%
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    Rentals and Section 8 — Fairland, IN

    Fairland, IN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		0.4%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,040
    2 BedroomN/AN/A$1,220
    3 BedroomN/AN/A$1,590
    4 BedroomN/AN/A$1,920

    Affordability — Fairland, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$273,000
    Median Household Income$73,700

    Fairland, IN — ZIP Code Boundary Map

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    Frequently Asked Questions