Fairfield, AL

Buyer's market-26.7% YoY

Housing market overview · Updated weekly

$86,850median sale price

Homes sold

5

Last 12 weeks

Days on market

114

Average pace

Active listings

27

5.4 months supply

Sale-to-list

85.7%

Below asking

The Fairfield housing market is currently classified as a buyer's market with a median sale price of $86,850. Prices have fallen 26.7% compared to last year, with homes spending an average of 114 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Fairfield

There are currently 27 homes listed for sale in Fairfield, Alabama. The median listing price is $75K.

Active listings

27

Homes on market

Median list price

$75K

Avg. days on market

114

Days until sale

New this week

7

Newly listed

Price drops:25.9%of listings
Sale-to-list:85.7%

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Frequently asked questions

What is the average home price in Fairfield?

The median home sale price in Fairfield is $86,850, down 26.7% from last year.

How long do homes stay on market in Fairfield?

Homes typically spend 114 days on market before going under contract.

Is Fairfield a buyer's or seller's market?

With 5.4 months of supply, Fairfield is currently a buyer's market.

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