The housing market in Fairfax, IA (zip code 52228) is a healthy and growing market. The median value of homes in this region is $304,300 which is slightly lower than the national median value of $338,100. However, over the past year homes in Fairfax have appreciated by 8.03%, only slightly below the 8.27% appreciation rate for homes nationally. This shows that Fairfax has a strong real estate market with good opportunities for potential home buyers and real estate investors alike.
The median home cost in Fairfax (zip 52228) is $304,300. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Fairfax (zip 52228) is up 14.4%.
Average Age of Homes
- The median age of Fairfax (zip 52228) real estate is 16 years old
The Rental Market in Fairfax (zip 52228)
- Renters make up 10.4% of the Fairfax (zip 52228) population
- 0.0% of houses and apartments in Fairfax (zip 52228), 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.