Brokers — List your Company Here
Featured local agent — Fairfax, IA
Sarah Mitchell
Compass Real Estate · Fairfax, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Fairfax, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$302,000median sale price
How is the Fairfax, IA housing market right now?
The median home sale price in Fairfax, IA is $302,000, down 51.1% year-over-year. Homes sell in an average of 17 days with 14 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairfax a buyer's or seller's market?
Fairfax, IA is currently a seller's market, based on 2.8 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
17
Fast-moving
Active listings
14
2.8 months supply
Sale-to-list
100.2%
Above asking
What does the Fairfax housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,000 |
| Median list price | $318,750 |
| Year-over-year price change | -51.1% |
| Average days on market | 17 days |
| Active inventory | 14 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 8 |
| Listings with a price cut | 42.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairfax by property type?
How the Fairfax, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $410,000 | $158/sq ft | 3 | 155 days |
| Condo / Co-op | $224,325 | $153/sq ft | 2 | 17 days |
Source: Redfin · Updated monthly
The Fairfax housing market is currently classified as a seller's market with a median sale price of $302,000. Prices have fallen 51.1% compared to last year, with homes spending an average of 17 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.6x provides context for how home values compare to local earning capacity.
Homes for sale in Fairfax
There are currently 14 homes listed for sale in Fairfax, Iowa. The median listing price is $319K.
Active listings
14
Homes on market
Median list price
$319K
Avg. days on market
17
Days until sale
New this week
8
Newly listed
Who lives in Fairfax?
Population
2,865
Median income
$120,552/yr
Median age
37.1 years
Owner-occupied
93.2%
College grads
36.9%
Avg commute
24.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairfax?
Zillow home value
$311,553
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Fairfax?
Fairfax is a community of approximately 3K residents with a median age of 37.1 years.The median household income is $120,552, which reflects a relatively affluent area with strong earning potential. 36.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairfax offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Fairfax, IA?
Want a head-to-head view? Compare Fairfax side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Fairfax?
The median home sale price in Fairfax is $302,000, down 51.1% from last year.
How long do homes stay on market in Fairfax?
Homes typically spend 17 days on market before going under contract.
What is the median income in Fairfax?
The median household income is $120,552 per year.
Is Fairfax a buyer's or seller's market?
With 2.8 months of supply, Fairfax is currently a seller's market.
What is the Zillow home value estimate for Fairfax?
The Zillow Home Value Index (ZHVI) for Fairfax is $311,553, representing the typical home value in the area.
What is the median condo price in Fairfax?
The median condo/co-op sale price in Fairfax, IA is $224,325, compared to $410,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fairfax?
The median single-family home price in Fairfax, IA is $410,000 (about $158 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Fairfax, IA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Fairfax market alerts
Weekly updates on prices, inventory, and trends. Free forever.