Fairfield, AL
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
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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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