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Featured local agent — Fair Haven, NY
Sarah Mitchell
Compass Real Estate · Fair Haven, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fair Haven, NY Housing Market
The last median sale price Redfin published was $575,000, +150.0% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 48 days, Fair Haven is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $575,000 home is about $2,956/mo in principal and interest.
Key numbers for Fair Haven, NY
Median sale price
$575,000
+150.0% year over year
Redfin, through December 2025
Days on market
48
Average pace
Redfin, through December 2025
Active listings
2
2.0 months of supply
Redfin, through December 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$60,694
Home costs 9.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
91.4%
Selling below asking
Redfin, through December 2025
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 Fair Haven a buyer's or seller's market?
Fair Haven, NY is a balanced market, based on 2.0 months of supply and homes selling in about 48 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Fair Haven housing market data show?
Every row below is Redfin's final published month for Fair Haven, NY. Redfin, through December 2025
| Metric | Value |
|---|---|
| Median sale price | $575,000 |
| Year-over-year price change | +150.0% |
| Median price per sq ft | $418/sq ft |
| Median days on market | 48 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 91.4% |
| Homes sold (that month) | 1 |
| Market condition | Balanced 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 Fair Haven is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Fair Haven 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 Fair Haven home prices moved?
Across the 34 months we hold for Fair Haven, NY, the median sale price rose 121.1%, from $260,100 in April 2021 to $575,000. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 91.4%. Watch those two together — they move before the median does.
Redfin, through December 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Fair Haven?
Priced off the median sale price of $575,000 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $115,000 | $460,000 | $2,956/mo |
| 5% | $28,750 | $546,250 | $3,510/mo |
Redfin, through December 2025 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 $2,956, that implies roughly $126,689 a year before you add taxes and insurance. The median household in Fair Haven earns $60,694, about $65,995 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 9.5x — 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 Fair Haven in the next 12 months?
Tell us your timeline. We send the Fair Haven market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Fair Haven?
Zillow does not publish a rent index (ZORI) for Fair Haven, NY, 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 Fair Haven?
Active listings in Fair Haven, NY went from 1 in July 2023 to 2 in December 2025, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2024 | 1 | 1 |
| September 2024 | 2 | 2 |
| November 2024 | 2 | 2 |
| December 2024 | 2 | not published |
| January 2025 | 2 | not published |
| April 2025 | 2 | 2 |
| May 2025 | 1 | 1 |
| June 2025 | 1 | 2 |
| July 2025 | 1 | 2 |
| September 2025 | 2 | not published |
| October 2025 | 1 | not published |
| December 2025 | 2 | not published |
Redfin, through December 2025
How does Fair Haven compare to New York and the U.S.?
Fair Haven homes sell for $575,000 — 7% below the New York median of $620,500. Against the national median of $410,700, Fair Haven runs 40% higher. Year-over-year, Fair Haven moved +150.0% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Fair Haven, NY | $575,000 | +150.0% | 48 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through December 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Fair Haven
What buyers should watch
- Months of supply, currently 2.0. 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 $554 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 $575,000 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 Fair Haven listing goes under contract in 48 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 91.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Fair Haven varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Fair Haven
There are currently 2 homes listed for sale in Fair Haven, New York.
Active listings
2
Homes on market
Avg. days on market
48
Days until sale
How much do homes cost in Fair Haven by property type?
How the Fair Haven, NY market breaks down across single-family homes, condos and townhouses. Redfin, through December 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $318,500 | $136/sq ft | 2 | 11 days |
Who lives in Fair Haven?
American Community Survey estimates for Fair Haven. U.S. Census ACS, 2023
Population
956
Households
435
Median income
$60,694/yr
Median age
52 years
Owner-occupied
75.2%
Median home value
$184,100
Median gross rent
$476/mo
Mean commute
27.3 min
75.2% of occupied homes in Fair Haven 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 Fair Haven, NY?
Ordered by distance from Fair Haven, not by size. Compare Fair Haven side by side with any of them.
Fair Haven housing market FAQ
Is Fair Haven a buyer's or seller's market?
Fair Haven, NY is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 48 days, and sellers getting 91.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Fair Haven?
The median sale price in the last month Redfin published was $575,000, about $418 per square foot.
Is Fair Haven cheaper than the rest of New York?
Fair Haven's median sale price of $575,000 is 7% lower than the New York statewide median of $620,500, and 40% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Fair Haven?
Homes in Fair Haven, NY spent a median of 48 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Fair Haven?
At the current 30-year fixed rate of 6.66%, 20% down on a $575,000 home is about $2,956 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $126,689 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $60,694.
Are home prices rising in Fair Haven?
Redfin's last published year-over-year change for Fair Haven, NY was +150.0%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Fair Haven?
Fair Haven 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 Fair Haven?
That depends on your timeline, not on a headline. What the data says today: Fair Haven, NY is a balanced market with 2.0 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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