Fairfield, IA has seen a steady increase in its housing median value over the last year. Despite having a lower median value than the US House overall, Fairfield's 1 year house appreciation rate of 11.61% is higher than the US average of 8.27%. This indicates that Fairfield's housing market is strong and resilient compared to other parts of the country. With the median value currently at $138,300, those in Fairfield can expect to see continued growth in their home values if they choose to invest now.
The median home cost in Fairfield is $138,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Fairfield is up 15.1%.
Average Age of Homes
- The median age of Fairfield real estate is 54 years old
The Rental Market in Fairfield
- Renters make up 35.9% of the Fairfield population
- 0.0% of houses and apartments in Fairfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.