Zip 57335 (Fairfax, SD) Housing

The housing market in Fairfax, SD (zip code 57335) is currently quite strong. The median value of houses in the area is $60,800, significantly lower than the US median of $338,100. However, over the past year house values have appreciated 14.45%, almost double the national rate of 8.27%. This suggests that Fairfax is a great opportunity for homeowners and investors alike looking for an affordable market with strong potential for appreciation.

The median home cost in Fairfax (zip 57335) is $60,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Fairfax (zip 57335) is up 17.2%.

Average Age of Homes

- The median age of Fairfax (zip 57335) real estate is 74 years old

The Rental Market in Fairfax (zip 57335)

- Renters make up 21.7% of the Fairfax (zip 57335) population
- 2.7% of houses and apartments in Fairfax (zip 57335), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fairfax, South Dakota	United States
	147.0	139,647,020.0
	65	42
	$60,800	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$14.10	$10.98
	$788	$2,690
	66.7%	57.4%
	25.2%	11.2%
	8.2%	31.4%
Vacant Housing
	2.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	7.5%	3.6%
	15.0%	4.1%
Value of Owner-Occupied Housing
	15.3%	2.6%
	19.4%	2.4%
	26.5%	2.8%
	4.1%	3.9%
	7.1%	4.5%
	17.3%	11.3%
	2.0%	13.0%
	0.0%	20.1%
	2.0%	13.6%
	3.1%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	3.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.7%	13.6%
	0.7%	13.6%
	4.8%	13.6%
	8.2%	13.2%
	13.6%	14.8%
	4.8%	13.6%
	4.1%	10.0%
	3.4%	4.7%
	44.2%	12.2%

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