The housing market in Fairfield, WA is strong, with the median value of homes currently at $294,300. This is lower than the US median value of $338,100. However, Fairfield has seen higher home appreciation over the past year compared to the US - 8.86% vs 8.27%. This indicates that Fairfield's housing market is out performing the national average and may be a good investment for potential buyers.
The median home cost in Fairfield is $294,300. Home appreciation the last 10 years has been 147.4%. Home Appreciation in Fairfield is up 18.1%.
Average Age of Homes
- The median age of Fairfield real estate is 64 years old
The Rental Market in Fairfield
- Renters make up 22.5% of the Fairfield population
- 3.0% 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.