Zip 24435 (Fairfield, VA) Housing

The housing market in 24435 Fairfield, VA is thriving. The median value of a house in the area is $289,600, which is significantly lower than the national median value of a house of $338,100. However, the appreciation rate for homes in the area is higher over the past year at 12.12%, compared to 8.27% nationwide. This indicates that housing values in 24435 Fairfield, VA are continuing to grow rapidly and that it's an attractive place to invest in real estate.

The median home cost in Fairfield (zip 24435) is $289,600. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Fairfield (zip 24435) is up 14.6%.

Average Age of Homes

- The median age of Fairfield (zip 24435) real estate is 29 years old

The Rental Market in Fairfield (zip 24435)

- Renters make up 14.0% of the Fairfield (zip 24435) population
- 0.0% of houses and apartments in Fairfield (zip 24435), 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	Fairfield, Virginia	United States
	923.0	139,647,020.0
	44	42
	$289,600	$338,100
	14.6%	16.6%
	44.9%	57.0%
	54.3%	101.1%
	$6.87	$10.98
	$1,193	$2,690
	83.0%	57.4%
	15.2%	11.2%
	1.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.1%	2.4%
	0.0%	2.8%
	7.3%	3.9%
	10.2%	4.5%
	10.4%	11.3%
	20.6%	13.0%
	19.7%	20.1%
	10.7%	13.6%
	11.1%	8.3%
	4.0%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	17.4%	13.6%
	6.2%	13.2%
	29.1%	14.8%
	17.4%	13.6%
	0.0%	10.0%
	2.7%	4.7%
	10.1%	12.2%

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