$117,900
- 2 Beds
- 2 Baths
- 1,032 Sq Ft
3301 S Lockburn St, Indianapolis, IN 46221
Andres Rodriguez Rodriguez Real Estate Group
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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 area features small Craftsman bungalows and cottages, many built before 1925, making it one of the city’s more affordable neighborhoods. The median household income is $34,000, and a significant portion of the population rents their homes. Fairfax is primarily residential, with leafy streets and a quiet atmosphere, except for the occasional roar of race car engines. Essential amenities are close by, including mom-and-pop shops, Mexican stores, and the popular King Ribs Bar-B-Q on 16th Street. For more extensive shopping needs, residents can visit a nearby Kroger about a mile east on Michigan Street. The neighborhood is safer than the national average, providing a relatively low crime risk environment. Recreational options include Olin Park within Fairfax and Thatcher Park in the adjacent Garden City neighborhood, which offers a golf course, sports complex, and community center. The Main Street corridor in Speedway, about two miles west, features restaurants, pubs, and a brewery, becoming particularly lively during the Indianapolis 500 events. Public transportation is accessible via IndyGo bus routes along Michigan Street and 10th Street, connecting residents to Downtown Indianapolis and other areas.
Home Trends in Fairfax, IN
On average, homes in Fairfax, Indianapolis sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Fairfax, Indianapolis over the last 12 months is $126,950, up 21% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$126,950
Median Single Family Sale Price
$150,000
Average Price Per Sq Ft
$121
Number of Homes for Sale
7
Last 12 months Home Sales
28
Months of Supply
3.00
Median List Price
$150,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
21%
Fairfax Types of Homes for Sale
More About Living in Fairfax
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