Zip lookup · IN

47849
Fairbanks, Indiana.

Fairbanks, Sullivan County, IN · Terre Haute, IN metro · population 395

What it costs per month · 47849 $938/mo

to buy the typical home at today's mortgage rate — +$530 (+130%) since Jan 2020.

What the home itself did
1 year
Up $7,745 +5%
$171,029$178,774 since Sep 2025
5 years
Up $44,226 +33%
$134,548$178,774 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 47849 $938 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 47849$938
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in zip 47849 rose 4.5% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Fairbanks, IN — measured over the city limits, which is a different area from this zip.

Typical home value $178,774 as of Sep 2026
+4.5%year on year

Typical home value — 47849

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 47849 $178,774 Terre Haute $165,632 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 47849$178,774
  • Terre Haute$165,632
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
7.5 47850 Farmersburg 2,104 — $153,160
8.8 47861 Merom 727 — $132,543
9.8 62478 West York 333 — $159,105
9.9 47879 Shelburn 2,640 — $152,611
10.7 47882 Sullivan 8,735 — $175,725
13.7 47802 Terre Haute 33,135 $928 $193,599
13.9 47855 Hymera 937 — $71,093
13.9 62451 Palestine 2,055 — $110,709
14.1 47866 Pimento 733 — $196,808
15.8 62441 Marshall 7,003 — $178,042
17.1 62454 Robinson 10,477 — $139,959
17.8 62442 Martinsville 2,671 — $125,069
18.5 47858 Lewis 946 — $211,413
19.0 47838 Carlisle 4,089 — $151,935
19.2 47848 Dugger 1,333 — $132,943

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.