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Sarah Mitchell

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Compass Real Estate · Fairmead, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fairmead, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fairmead, CA Housing Market

Strong seller's market
Redfin, through February 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $307,500 (through May 2026). With 0.5 months of supply and homes going under contract in about 223 days, Fairmead is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $307,500 home is about $1,581/mo in principal and interest.

Key numbers for Fairmead, CA

Median sale price

$307,500

Last published period

Redfin, through February 2026

Days on market

223

Slow-moving

Redfin, through February 2026

Active listings

1

0.5 months of supply

Redfin, through February 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$44,375

Home costs 6.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

103.2%

Selling above asking

Redfin, through February 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Strong seller's market0.5 months of supply223 days on market103.2% of asking

Fairmead, CA is a strong seller's market, based on 0.5 months of supply and homes selling in about 223 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Fairmead housing market data show?

Every row below is Redfin's final published month for Fairmead, CA. Redfin, through February 2026

Housing market statistics for Fairmead, CA, Redfin through May 2026
MetricValue
Median sale price$307,500
Median price per sq ft$189/sq ft
Median days on market223 days
Active inventory1 listings
Months of supply0.5 months
Sale-to-list price ratio103.2%
Homes sold (that month)2
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Fairmead is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Fairmead is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Fairmead home prices moved?

Across the 32 months we hold for Fairmead, CA, the median sale price rose 92.2%, from $160,000 in May 2021 to $307,500. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 103.2%. Watch those two together — they move before the median does.

Redfin, through February 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Fairmead?

Priced off the median sale price of $307,500 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Fairmead, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$61,500$246,000$1,581/mo
5%$15,375$292,125$1,877/mo

Redfin, through February 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,581, that implies roughly $67,751 a year before you add taxes and insurance. The median household in Fairmead earns $44,375, about $23,376 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.9x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Fairmead in the next 12 months?

Tell us your timeline. We send the Fairmead market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Fairmead?

Zillow does not publish a rent index (ZORI) for Fairmead, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Fairmead?

Active listings in Fairmead, CA went from 4 in March 2024 to 1 in February 2026, a -75.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Fairmead, CA
MonthActive listingsNew listings
April 202431
May 202431
June 20242not published
September 202431
December 202441
June 202541
July 202552
August 202532
October 20253not published
November 20253not published
December 202521
February 20261not published

Redfin, through February 2026

How does Fairmead compare to California and the U.S.?

Fairmead homes sell for $307,50065% below the California median of $887,400. Against the national median of $410,700, Fairmead runs 25% lower.

Fairmead, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Fairmead, CA$307,500not published223 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Fairmead

What buyers should watch

  • Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $296 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $307,500 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Fairmead listing goes under contract in 223 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 103.2% of asking. Price at the number you want and let competition do the rest.
  • Comparable ZIP-level pricing inside Fairmead varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Fairmead

There are currently 1 homes listed for sale in Fairmead, California.

Active listings

1

Homes on market

Avg. days on market

223

Days until sale

Sale-to-list:103.2%

How much do homes cost in Fairmead by property type?

How the Fairmead, CA market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026

Median price, price per square foot, homes sold and days on market by property type in Fairmead, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$307,500$189/sq ft2223 days

Who lives in Fairmead?

American Community Survey estimates for Fairmead. U.S. Census ACS, 2023

Population

1,119

Households

353

Median income

$44,375/yr

Median age

31.9 years

Owner-occupied

60.6%

Median home value

$220,700

Median gross rent

$1,221/mo

Mean commute

29.6 min

60.6% of occupied homes in Fairmead are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Fairmead, CA?

Ordered by distance from Fairmead, not by size. Compare Fairmead side by side with any of them.

Fairmead housing market FAQ

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

Fairmead, CA is currently a strong seller's market. That read comes from 0.5 months of supply, homes going under contract in about 223 days, and sellers getting 103.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Fairmead?

The median sale price in the last month Redfin published was $307,500, about $189 per square foot.

Is Fairmead cheaper than the rest of California?

Fairmead's median sale price of $307,500 is 65% lower than the California statewide median of $887,400, and 25% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Fairmead?

Homes in Fairmead, CA spent a median of 223 days on market before going under contract, versus 33 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Fairmead?

At the current 30-year fixed rate of 6.66%, 20% down on a $307,500 home is about $1,581 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $67,751 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $44,375.

Are home prices rising in Fairmead?

We do not hold a complete 12-month value series for Fairmead, CA yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Fairmead?

Fairmead ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Fairmead?

That depends on your timeline, not on a headline. What the data says today: Fairmead, CA is a strong seller's market with 0.5 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $307,500, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.