Zip 47943 (Fair Oaks, IN) Housing

The housing market in 47943 Fair Oaks, IN is a great investment. The median value of a home in this area is $263,700, which is significantly lower than the national average of $338,100. In addition to the lower cost of entry for potential homeowners, the rate of appreciation over the last year has been 10.75%, much higher than the national average of 8.27%. These factors make it an attractive option for anyone looking to purchase or invest in real estate.

The median home cost in Fair Oaks (zip 47943) is $263,700. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Fair Oaks (zip 47943) is up 14.6%.

Average Age of Homes

- The median age of Fair Oaks (zip 47943) real estate is 18 years old

The Rental Market in Fair Oaks (zip 47943)

- Renters make up 55.8% of the Fair Oaks (zip 47943) population
- 0.0% of houses and apartments in Fair Oaks (zip 47943), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fair Oaks, Indiana	United States
	312.0	139,647,020.0
	20	42
	$263,700	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$5.29	$10.98
	$2,162	$2,690
	73.1%	57.4%
	5.1%	11.2%
	21.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	5.1%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	5.7%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	35.1%	13.0%
	45.2%	20.1%
	7.5%	13.6%
	6.6%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	51.0%	13.6%
	51.0%	13.6%
	0.0%	13.6%
	0.0%	13.2%
	7.7%	14.8%
	0.0%	13.6%
	0.0%	10.0%
	5.1%	4.7%
	7.4%	12.2%

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