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FAIRLAND, IN 46126

Real Estate Market Report  ·  Shelby County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FAIRLAND, IN real estate market (46126) currently shows 16 active listings, with 7 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 68 days last year.

The median listing price has fallen 30.4% year-over-year, from $416,450 to $289,998.

Whether you are buying or selling in FAIRLAND, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,005  ·  Density: 47.4/mi²  ·  Median household income: $71,029

Typical home value: $213,425  ·  Homeownership: 81.0%

Market Overview

Active Listings
16
⇧ 60% vs 10 last year
Pending
7
44% pending ratio
Median Price
$289,998
⇩ 30.4% vs $416,450 last year
Average Price
$532,498
⇩ 15.3% vs $628,660 last year
Days on Market
58
⇩ 14.7% vs 68 days last year

Price Per Square Foot

Median $/sqft
$159
⇩ 9.7% vs $176/sqft last year
Median Home Size
1,775 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 10 last year
  • Days on market: 58 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $289,998 (-30.4% YoY)
  • Average: $532,498 (-15.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.7 miles — 1,137 listings ($368,821,868 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46126Fairland, IN 461260.0 mi15$7,917,630$289,990$527,842
46130Fountaintown, IN 461304.6 mi9$2,717,964$292,500$301,996
46163New Palestine, IN 461637.5 mi43$17,560,125$388,250$408,375
46239Indianapolis, IN 462399.3 mi157$52,557,791$312,950$334,763
46184Whiteland, IN 4618410.8 mi69$23,055,936$297,450$334,144
46143Greenwood, IN 4614312.2 mi236$109,216,788$381,750$462,783
46107Beech Grove, IN 4610712.7 mi51$10,727,952$214,450$210,352
46227Indianapolis, IN 4622713.6 mi149$35,421,025$229,925$237,725
46219Indianapolis, IN 4621914.0 mi115$24,871,855$207,450$216,277
46142Greenwood, IN 4614215.4 mi79$27,651,580$339,450$350,020
46235Indianapolis, IN 4623515.8 mi106$26,168,220$252,450$246,870
46182Waldron, IN 4618216.0 mi5$1,267,415$230,000$253,483
46217Indianapolis, IN 4621716.7 mi103$29,687,587$268,175$288,229

Frequently Asked Questions

How many homes are for sale in FAIRLAND, IN 46126?

As of March 2026, there are 16 active listings in FAIRLAND, IN (zip code 46126), compared to 10 the prior year.

What is the median home price in FAIRLAND, IN 46126?

The median listing price in FAIRLAND, IN 46126 is $289,998 as of March 2026, a 30.4% decrease from $416,450 the prior year.

How long do homes stay on the market in FAIRLAND, IN?

Homes in FAIRLAND, IN 46126 spend an average of 58 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in FAIRLAND, IN 46126?

Based on current inventory and days-on-market data as of March 2026, FAIRLAND, IN 46126 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 68 days last year.

How much can I save on real estate commission in FAIRLAND, IN?

With SELL123.com's maximum 3% commission, sellers in FAIRLAND, IN 46126 save an estimated $5,800 compared to a typical 5% commission on the median listing price of $289,998. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.