Is Fair Oaks, IN 47943 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Fair Oaks is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Fair Oaks housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Newton County, IN

Population	992
Median income	$77,857
Average income	$83,667
Median home value	$348,200
Owner-occupied	85% of homes
Median year built	2005

Natural hazard riskTornadoes (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 47943; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 47943

Prefilled for 47943Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47943Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brook 47922Balanced $111 /sq ft Goodland 47948Seller’s market $66 /sq ft Kentland 47951Seller’s market $107 /sq ft Lake Village 46349Balanced $159 /sq ft Browse all markets →

Where Fair Oaks is

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Questions about Fair Oaks real estate

What are property taxes in Fair Oaks?

About 0.77% of a home’s value a year in Newton County, or roughly $3,080 on a $400,000 home.

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More tools for 47943

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Newton County property taxes Newton County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology