The housing market in 94535 Fairfield, CA is quite different from the US overall. The median value of a house in this area is much higher than the national average, coming in at $604,700 compared to $338,100 nationwide. Despite its high median house value, the rate of appreciation for houses in 94535 Fairfield has been slower than the average for the US over the past year. While nationwide appreciation was 8.27%, it was only 5.52% in this area. This could be attributed to a variety of factors such as a slower local economy or an influx of new homes into the area.
The median home cost in Fairfield (zip 94535) is $604,700. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Fairfield (zip 94535) is up 10.9%.
Average Age of Homes
- The median age of Fairfield (zip 94535) real estate is 17 years old
The Rental Market in Fairfield (zip 94535)
- Renters make up 95.5% of the Fairfield (zip 94535) population
- 2.2% of houses and apartments in Fairfield (zip 94535), 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.