Why Live in Fairgrounds
The Fairgrounds neighborhood in Indianapolis is anchored by the historic Indiana State Fairgrounds, a hub of activity since 1892. This area is increasingly influenced by its proximity to the trendy Broad Ripple neighborhood, offering a more affordable living option while still benefiting from the vibrant atmosphere. The housing stock primarily consists of 80-year-old bungalows, cottages, and ranches, with a growing number of new custom builds revitalizing the area. Local businesses like Black Circle Music Bar and GoldLeaf Savory & Sweet contribute to the neighborhood's lively scene, offering diverse entertainment and dining options. The annual Indiana State Fair draws over 830,000 visitors, bringing temporary traffic and noise to the southern part of the neighborhood, though residents can conveniently walk to the events. The Indiana Farmers Coliseum hosts various sports events, adding to the area's attractions. While the local schools have moderate ratings, the neighborhood offers access to Arsenal Park, featuring a splash pad, skatepark, and basketball court, as well as the Monon Trail for outdoor activities. Public transportation is accessible via IndyGo bus routes, and the neighborhood's central location allows for easy car travel to Broad Ripple and downtown Indianapolis within 15 minutes. Recent changes include the departure of the Indiana School of the Deaf and the end of auto racing at the Fairgrounds, reflecting the neighborhood's evolving character.
Home Trends in Fairgrounds, IN
On average, homes in Fairgrounds, Indianapolis sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in Fairgrounds, Indianapolis over the last 12 months is $865,000, up 97% from the median home sale price over the previous 12 months.
Median Sale Price
$865,000
Median Single Family Sale Price
$600,000
Median 2 Bedroom Sale Price
$865,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
5
Last 12 months Home Sales
11
Median List Price
$600,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
97%