Fairfield, AL is a great place to live for those looking for affordable housing. The median value of homes in Fairfield is $100,900, which is significantly lower than the US median of $338,100. Over the past year, appreciation on homes in Fairfield has been 13.53%, much higher than the US average of 8.27%. Therefore, Fairfield is a great option for homebuyers and investors alike who are interested in taking advantage of potentially higher returns than the national average.
The median home cost in Fairfield is $100,900. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Fairfield is up 19.7%.
Average Age of Homes
- The median age of Fairfield real estate is 51 years old
The Rental Market in Fairfield
- Renters make up 34.6% of the Fairfield population
- 2.4% 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.