Fairfield, ME is an area where the housing market is booming. According to the data, the median value of a house in Fairfield is $196,600, which is significantly lower than the US median of $338,100. However, in the past year house appreciation has been higher than the national average at 16.46%, compared to 8.27%. This makes Fairfield an attractive option for potential home buyers, as they can get their hands on a more affordable property while still enjoying significant growth in value over time.
The median home cost in Fairfield (zip 04937) is $196,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Fairfield (zip 04937) is up 20.6%.
Average Age of Homes
- The median age of Fairfield (zip 04937) real estate is 54 years old
The Rental Market in Fairfield (zip 04937)
- Renters make up 19.5% of the Fairfield (zip 04937) population
- 0.0% of houses and apartments in Fairfield (zip 04937), 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.