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Featured local agent — Fairland, IN
Sarah Mitchell
Compass Real Estate · Fairland, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairland, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$256,250median sale price
How is the Fairland, IN housing market right now?
The median home sale price in Fairland, IN is $256,250. Homes sell in an average of 133 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairland a buyer's or seller's market?
Fairland, IN is currently a balanced market, based on 2.5 months of supply and homes selling in about 133 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
133
Average pace
Active listings
5
2.5 months supply
Sale-to-list
96.5%
Below asking
What does the Fairland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $256,250 |
| Median list price | $226,950 |
| Average days on market | 133 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 96.5% |
| Median price per sq ft | $101/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 60.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Fairland by property type?
How the Fairland, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $256,250 | $101/sq ft | 2 | 133 days |
Source: Redfin · Updated monthly
The Fairland housing market is currently classified as a balanced market with a median sale price of $256,250. Prices have fallen 0.0% compared to last year, with homes spending an average of 133 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Fairland
There are currently 5 homes listed for sale in Fairland, Indiana. The median listing price is $227K.
Active listings
5
Homes on market
Median list price
$227K
Avg. days on market
133
Days until sale
New this week
2
Newly listed
Who lives in Fairland?
Population
626
Median income
$47,500/yr
Median age
49.1 years
Owner-occupied
89.2%
College grads
13.0%
Avg commute
30.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairland?
Zillow home value
$277,906
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Fairland?
Fairland is a community of approximately 1K residents with a median age of 49.1 years.The median household income is $47,500, which represents a working-class community with solid middle-income opportunities. 13.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Fairland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fairland?
3 schools tracked · 1,414 students
The largest public schools serving Fairland, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Triton Central Elementary School
Grades PK-4 · 510 students
Triton Central High School
Grades 9-12 · 469 students
Triton Central Middle School
Grades 5-8 · 435 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairland, IN?
Want a head-to-head view? Compare Fairland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairland?
The median home sale price in Fairland is $256,250, down 0.0% from last year.
How long do homes stay on market in Fairland?
Homes typically spend 133 days on market before going under contract.
What is the median income in Fairland?
The median household income is $47,500 per year.
Is Fairland a buyer's or seller's market?
With 2.5 months of supply, Fairland is currently a balanced market.
What is the Zillow home value estimate for Fairland?
The Zillow Home Value Index (ZHVI) for Fairland is $277,906, representing the typical home value in the area.
How much does a single-family home cost in Fairland?
The median single-family home price in Fairland, IN is $256,250 (about $101 per square foot).
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