The housing market in Fairfield, TN is thriving. The median value of homes in the area is much higher than the US median value at $434,400 compared to $338,100. Furthermore, the 1 year house appreciation rate in Fairfield, TN is significantly higher than the US average at 17.31% compared to 8.27%. This is a strong indicator that real estate investments in Fairfield are prosperous and will likely continue to appreciate over time.
The median home cost in Fairfield is $434,400. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Fairfield is up 25.7%.
Average Age of Homes
- The median age of Fairfield real estate is 53 years old
The Rental Market in Fairfield
- Renters make up 9.3% 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.