Fairland, IN—46126
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairland, IN
As of Oct '25, the median home price in Fairland, IN is $266,000, with a year-over-year change of 3.0%. This indicates that home prices in Fairland, IN are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 3.0% |
| Single Family | $267,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | 3.6% |
3 Bed | $268,000 | 3.1% |
4 Bed | $386,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairland, IN
Fairland, 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 — Fairland, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairland, IN is 67. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 58.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | -16.0% |
Listing Count | 24 | 40.0% |
| Listings as % of Homes | 0.5% | 40.0% |
Days on Market | 67 | 9.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Fairland, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $266,000 |
| Median Household Income | $73,700 |