Fairbanks, IN—47849
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairbanks, IN
As of Oct '25, the median home price in Fairbanks, IN is $174,000, with a year-over-year change of 5.8%. This indicates that home prices in Fairbanks, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | 5.8% |
| Single Family | $174,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairbanks, IN
Fairbanks, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairbanks, IN
Fairbanks, IN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Fairbanks, IN
As of the latest ACS Survey released in 2023, Fairbanks, IN has a population of 561, which has increased by 69.5% over the past 5 years. Fairbanks, IN is a less popular place for families, as children make up 7.8% of the population. The area has a poorly educated workforce, with 4.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 561 | 69.5% |
% Under 18 | 7.8% | -14.3% |
% Seniors | 14.3% | -54.9% |
% WFH | 0.0% | N/A |
% w/ College Degree | 4.7% | -75.1% |
As of the latest ACS Survey released in 2023, Fairbanks, IN is a predominantly white area, with 68.1% of the population identifying as white. The white population has shrunk by 31.9% in the last 5 years. The second most common race or ethnicity in Fairbanks, IN is hispanic, making up 15.7% of the population. Foreign-born residents account for 3.6% of the population in Fairbanks, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.1% | -31.9% |
% Black | 11.9% | ∞% |
% Hispanic | 15.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.6% | ∞% |
Mortgage and Risk — Fairbanks, IN
Fairbanks, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Fairbanks, IN
Fairbanks, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Fairbanks, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $174,000 |
| Median Household Income | $85,900 |