Fairfax is a well-located neighborhood on the west side of Indianapolis, just about 3 miles from downtown. The community is separated from Indianapolis Motor Speedway by an industrial area with businesses that serve one of the most famous racetracks in America. The track is in the neighboring town of Speedway , which includes a popular downtown district.
Craftsman bungalows are prominent among the neighborhood's older housing stock, much of which was built in the early 1900s. Renovations stand out along the neighborhood’s walkable streets. Homes sit on compact lots with small front yards and garages out back accessible by alleyways. Prices typically range from around $80,000 to the low $200,000s. Among neighboring communities, Fairfax's median sale price in the mid-$100,000s is higher than Haughville (low $100,000s) but lower than Hawthorne and Garden City (high $100,000s).
Downtown Indianapolis is easy to get to from the neighborhood. Michigan Street, 10th Street and Washington Street all offer access to downtown via public transportation. Michigan Street offers the most convenient route, a commute of 10 minutes by car or 20 minutes by bus.
Interstate 70 runs south of the neighborhood and provides access to Indianapolis International Airport, which is the center of a national transportation and logistics hub. The drive to the airport is about 10 miles and typically takes less than 15 minutes.
Fairfax is part of the Indianapolis Public Schools system, which uses a mix of assigned schools and a lottery-based choice system. The nearby PATH School at Stephen Foster 67 is a K-8 public charter school, but younger students can apply to attend any of the elementary and middle schools in their enrollment zone. There is no zoning for high schools, so older students can apply to attend any IPS high school.
Fairfax has local eateries, and additional dining is nearby in Speedway's downtown district. You can grab a bite at these spots:
The neighborhood is home to Olin Park, which has a basketball court, a playground, green space and paved walking paths. Outdoors enthusiasts can enjoy additional recreation along the nearby B&O Trail, which follows a former railroad corridor. Nearby Thatcher Park in the adjacent Garden City neighborhood spans over 20 acres and features a family community center with a year-round indoor pool, sports fields and a golf course across the street. Also close by is Brickyard Crossing at Indianapolis Motor Speedway, a golf course with four holes inside the track's oval.
Summer Hudson
eXp Realty, LLC
(463) 465-5943
427 Total Sales
1 in Fairfax
$105,000 Price
Eric Forney
Keller Williams Indy Metro Partners
(463) 215-6116
1,003 Total Sales
2 in Fairfax
$105K - $109K Price Range
Amy Clark
Clark Realty, LLC
(765) 630-6133
129 Total Sales
1 in Fairfax
$119,900 Price
Matt Steward
F.C. Tucker Company
(855) 367-3576
100 Total Sales
1 in Fairfax
$50,000 Price
Chris Price
Keller Williams - Indy Metro South LLC
(463) 300-5631
507 Total Sales
1 in Fairfax
$86,500 Price
Tim O'Connor
Berkshire Hathaway HomeServices Indiana Realty
(463) 205-0597
451 Total Sales
1 in Fairfax
$84,500 Price
On average, homes in Fairfax, Indianapolis sell after 97 days on the market compared to the national average of 55 days. The median sale price for homes in Fairfax, Indianapolis over the last 12 months is $130,000, up 2% from the median home sale price over the previous 12 months.
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Median List Price
$144,900
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Median Sale Price
$130,000
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Median Single Family Sale Price
$116,500
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Median 2 Bedroom Sale Price
$100,450
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Median Change From 1st List Price
9%
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Last 12 months Home Sales
19
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Median Home Sale Price YoY Change
2%
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Average Price Per Sq Ft
$105
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Number of Homes
840
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Number of Homes for Sale
4
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Median Year Built
1925
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Months of Supply
2.50
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Average Single Family Home Size Sq Ft
1,253
Significantly below the national average
1,935
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Average Townhouse Size Sq Ft
1,674
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Median Lot Size Sq Ft
4,356
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$700 - $1,800 per month
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Number of Homes for Rent
3
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Median Rent
$1,350
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Median Single Family Home Rent
$1,250
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Median 3 Bedroom Single Family Home Rent
$1,300
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Total Population
3,371
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Median Age
33
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Population Density
6 ppl/acre
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Population under 18
31.6%
Above the national average
23.8%
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Population over 65
10.9%
Below the national average
19.1%
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Median Household Income
$34,179
Significantly below the national average
$79,597
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Average Household Income
$44,267
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High School Graduates
67.1%
Below the national average
89%
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College Graduates
4.8%
Significantly below the national average
34.1%
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Advanced Degrees
0.7%
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% Population in Labor Force
54.6%
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Annual Precipitation
41''
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Average Winter Low Temperature
22°F
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Average Summer High Temperature
85°F
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Annual Snowfall
13''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
A historic Near Westside neighborhood working towards a brighter future
Historically working-class neighborhood with a drive-in theater and three schools
