Fairfield, NY is a great place to invest in housing. The median value of homes in the area is currently $206,600, which is much lower than the US median of $338,100. Furthermore, over the past year, the home values have appreciated by 11.97%, which is significantly higher than the 8.27% appreciation rate nationally. This makes Fairfield an excellent place for those looking to invest in and benefit from real estate markets.
The median home cost in Fairfield is $206,600. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Fairfield is up 15.8%.
Average Age of Homes
- The median age of Fairfield real estate is 48 years old
The Rental Market in Fairfield
- Renters make up 12.1% 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.