House Prices

House Prices & Home Values Fairland, IN 2026


Average Data

average house price$322,472
average size per house2407 ft²
average price per ft²134 $ / ft²

04/21/2026 - The value range (VR) for house prices in Fairland, IN is $117/ sqft to $117/ sqft. An average home with 2407 sqft costs approximately $281,619 to $281,619. Fairland, IN includes 1 ZIP codes and it is located in Shelby county. The lowest prices are found in ZIP 46126, while the highest are in ZIP 46126. The average price per sqare feet is $134. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Fairland

46126111 $ / ft²




Historical development of home values in Fairland

Year Estimated value (USD) Change vs. 2025
2010 $149,762 -53.6%
2011 $143,971 -55.4%
2012 $143,583 -55.5%
2013 $148,950 -53.8%
2014 $156,356 -51.5%
2015 $164,381 -49.0%
2016 $172,959 -46.4%
2017 $182,295 -43.5%
2018 $192,373 -40.3%
2019 $201,293 -37.6%
2020 $211,699 -34.4%
2021 $240,785 -25.3%
2022 $280,701 -13.0%
2023 $296,012 -8.2%
2024 $313,137 -2.9%
2025 $322,472 0.0%

Graph: estimated home values in Fairland over time (USD)



Example: 100% financing house in Fairland

Loan amount: $322,472

Interest rate: 6.00%

Fixed monthly payment: $1,933.38

Breakdown in the 1st month:
Interest portion: $1,612.36  –  Principal portion: $321.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,240.60 $3,959.99 $318,512.01
2 $18,996.35 $4,204.24 $314,307.77
3 $18,737.04 $4,463.55 $309,844.22
4 $18,461.74 $4,738.85 $305,105.37
5 $18,169.46 $5,031.13 $300,074.25
6 $17,859.15 $5,341.44 $294,732.81
7 $17,529.70 $5,670.89 $289,061.92
8 $17,179.94 $6,020.65 $283,041.27
9 $16,808.60 $6,392.00 $276,649.27
10 $16,414.35 $6,786.24 $269,863.03
11 $15,995.79 $7,204.80 $262,658.23
12 $15,551.41 $7,649.18 $255,009.05
13 $15,079.63 $8,120.96 $246,888.09
14 $14,578.75 $8,621.84 $238,266.25
15 $14,046.97 $9,153.62 $229,112.63
16 $13,482.40 $9,718.20 $219,394.43
17 $12,883.00 $10,317.59 $209,076.84
18 $12,246.63 $10,953.96 $198,122.88
19 $11,571.02 $11,629.58 $186,493.31
20 $10,853.73 $12,346.86 $174,146.44
21 $10,092.20 $13,108.39 $161,038.06
22 $9,283.70 $13,916.89 $147,121.17
23 $8,425.34 $14,775.25 $132,345.92
24 $7,514.04 $15,686.55 $116,659.36
25 $6,546.52 $16,654.07 $100,005.30
26 $5,519.34 $17,681.25 $82,324.04
27 $4,428.80 $18,771.79 $63,552.25
28 $3,270.99 $19,929.60 $43,622.65
29 $2,041.78 $21,158.81 $22,463.84
30 $736.75 $22,463.84 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Fairland, IN


1500 sqft3900 sqft
Ø selling price$243,211$517,375
Ø fast selling$221,101$465,637
Ø high price sale$265,320$569,112

In 2026, houses in Fairland, IN will be offered at an average price of $134 per square foot. A 1,500 sqft home priced at $243,211 is 21.71% more expensive per square foot than a 3,900 sqft home priced at $517,375. Home prices in Fairland, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $358,182. Sellers who can wait longer may achieve a higher price of up to $437,779.


Discover Fairland, IN

Location & Lifestyle

Fairland, Indiana is a small community in Shelby County that blends rural charm with easy access to city life.
Located just off I-74, Fairland, IN offers quick connections to Indianapolis and nearby county hubs.
Residents appreciate tree-lined roads, open farmland, and a friendly pace that feels authentically Midwestern.

Schools, Amenities & Things to Do

The community sits near attractions like Horseshoe Indianapolis Racing & Casino in Shelbyville and scenic parks for walking and picnics.
Homebuyers find value in Fairland real estate, with classic farmhouses, newer builds, and acreage properties appealing to many budgets.
Local students attend the Northwestern Consolidated School District (Triton Central), known for strong academics and spirited athletics.
Small businesses, churches, and civic groups host festivals, markets, and volunteer opportunities that bring neighbors together.

Why Move to Fairland

Everyday living is convenient, with quick trips to shopping and services in Shelbyville, New Palestine, and Indianapolis.
With the ZIP code 46126, the area attracts buyers seeking space, value, and a quieter lifestyle without giving up modern amenities.
If you want a well-connected small town, Fairland, Indiana delivers location, community, and room to grow in the heart of the Midwest.



FAQ – Home Values in Fairland

What is the median home value in Fairland in 2026?

In 2026, the typical home value in Fairland is about $322,472 for an average home size of 2407 square feet. This corresponds to an average price of roughly $134 per square foot.

What is the average cost per square foot in Fairland?

In 2026, homes in Fairland sell for an average of around $134 per square foot, with a typical range between $117 and $117 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Fairland is about 2407 square feet, with an estimated 2026 value around $322,472.



Locations close to Fairland, IN

Falmouth, IN63 $ / ft²
Fillmore, IN157 $ / ft²
Fountaintown, IN107 $ / ft²
Eminence, IN131 $ / ft²
Edinburgh, IN149 $ / ft²
Avon, IN129 $ / ft²
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