Fairfield, IA

Buyer's market-32.9% YoY

Housing market overview · Updated weekly

$125,000median sale price

Homes sold

3

Last 12 weeks

Days on market

130

Average pace

Active listings

53

17.7 months supply

Sale-to-list

96.3%

Below asking

The Fairfield housing market is currently classified as a buyer's market with a median sale price of $125,000. Prices have fallen 32.9% compared to last year, with homes spending an average of 130 days on market, indicating 17.7 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 53 homes listed for sale in Fairfield, Iowa. The median listing price is $169K.

Active listings

53

Homes on market

Median list price

$169K

Avg. days on market

130

Days until sale

New this week

13

Newly listed

Price drops:15.1%of listings
Sale-to-list:96.3%

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Frequently asked questions

What is the average home price in Fairfield?

The median home sale price in Fairfield is $125,000, down 32.9% from last year.

How long do homes stay on market in Fairfield?

Homes typically spend 130 days on market before going under contract.

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

With 17.7 months of supply, Fairfield is currently a buyer's market.

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