Fairfield, CA is a desirable city for homeowners due to its high housing median value of $608,300. This is significantly higher than the US house median value of $338,100 and also indicates strong growth; in the past year, Fairfield's house appreciation rate has been 5.52%, compared to 8.27% nationwide. Therefore, investing in Fairfield's real estate market can be a great opportunity for those looking to buy a home or increase their investment portfolio.
The median home cost in Fairfield is $608,300. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Fairfield is up 10.9%.
Average Age of Homes
- The median age of Fairfield real estate is 33 years old
The Rental Market in Fairfield
- Renters make up 40.9% of the Fairfield population
- 1.1% 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.