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Fairfax Homes for Sale

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    $600,000

    • Land
    • 2.74 Acres
    • $218,978 per Acre

    3509 W 10th St, Indianapolis, IN 46222

    This nearly 3 acre industrial site includes 3 parcels with heavy industrial zoning! Located near the intersection of 10th and Tibbs, the property allows for convenient access to I-465 and I-70. I-2 zoning allows for auctioneering services, commercial contractors, heavy equipment sales & service, truck parking, and more!

    Shelly Johnson Keller Williams Indy Metro S

    3509 W 10th St, Indianapolis, IN 46222
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    $160,000

    • 3 Beds
    • 1 Bath
    • 1,645 Sq Ft

    531 N Alton Ave, Indianapolis, IN 46222

    This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.

    Olga Bliuc-Haggard New Quantum Realty Group

    531 N Alton Ave, Indianapolis, IN 46222
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    $385,000

    • 4 Beds
    • 2.5 Baths
    • 2,800 Sq Ft

    3649 W Michigan St, Indianapolis, IN 46222

    A timeless, modern cottage Scandinavian-inspired home!!! This home welcomes you into a beautifully designed open floor plan with clean lines and high-end finishes. It has 4 bedrooms and 2.5 bathrooms. This home has been completely reimagined for a modern day living, yet still paying homage to its heritage and origins... Feels like home as soon as you walk in.

    Jemie Koda Highgarden Real Estate

    3649 W Michigan St, Indianapolis, IN 46222

Why Live in Fairfax

Fairfax, a neighborhood in Indianapolis’ Near Westside, is known for its proximity to the Indianapolis Motor Speedway and its blue-collar roots. The community features small Craftsman bungalows and cottages — many built before 1925— and it’s one of the city’s most affordable neighborhoods. A significant portion of residents here rent their homes. Fairfax is primarily residential, with tree-lined streets and a quiet atmosphere, except for the occasional roar of racecar engines. Essentials are nearby, including mom-and-pop shops, Mexican stores and the popular King Ribs Bar-B-Q on 16th Street. For more extensive shopping, residents can visit Kroger, about a mile east on Michigan Street. Recreation options include Olin Park, in Fairfax, and Thatcher Park — offering a golf course, sports complex and community center — in the adjacent Garden City neighborhood. The Main Street corridor, about 2 miles west in the nearby town of Speedway, features restaurants, pubs and a brewery, which become particularly lively during the Indianapolis 500 events. Public transportation is accessible along Michigan Street and 10th Street via IndyGo buses, which provide service to downtown Indianapolis and other areas.

Frequently Asked Questions

Is Fairfax a good place to live?
Fairfax is a good place to live. Fairfax is considered somewhat walkable and bikeable with minimal transit options. Fairfax is a suburban neighborhood. Fairfax has 6 parks for recreational activities. It is fairly sparse in population with 5.5 people per acre and a median age of 33. The average household income is $44,267 which is below the national average. College graduates make up 4.8% of residents. A majority of residents in Fairfax are renters, with 60.2% of residents renting and 39.8% of residents owning their home. A local real estate agent serving Fairfax can help you decide if this neighborhood is the right one for you. Learn more on our Fairfax neighborhood guide.
Is Fairfax, IN a safe neighborhood?
Fairfax, IN is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Fairfax?
The median home price in Fairfax is $163,500. If you put a 20% down payment of $32,700 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $35K a year to afford the median home price in Fairfax. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fairfax is $44K.
What are the best public schools in Fairfax?
The best public schools that serve Fairfax are:
What are the best private schools in Fairfax?
The best private schools that serve Fairfax are:
What are the most popular zip codes in Fairfax, Indianapolis, IN?
The most popular zip codes in Fairfax, Indianapolis, IN include 46222, 46241, 46224, 46221 and 46202.
What are the most popular neighborhoods near Fairfax, Indianapolis, IN?
The most popular neighborhoods near Fairfax, Indianapolis, IN are Haughville, Hawthorne, Garden City, West Indianapolis and Stout Field.

Home Trends in Fairfax, IN

Housing Trends

Median Sale Price
$154,500
Median Single Family Sale Price
$159,500
Average Price Per Sq Ft
$112
Number of Homes for Sale
2
Last 12 months Home Sales
20
Months of Supply
1.20
Median List Price
$163,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
34%
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