Housing in Fairbank, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$249,541
Fairbank vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fairbank is highlighted.
Median Home Value
49th%ilemost expensive$173,200show rank
Median Rent
10th%ilemost expensive rent$630show rank
Rent Burden
1st%ilehighest rent burden7.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$173,200
Median Rent
$630
Total Housing Units
569
Vacancy Rate
3.0%
Owner Occupied
86.0%
Renter Occupied
13.9%
Median Property Tax
$1,961
per year
Monthly Cost (w/ Mortgage)
$1,121
Housing Types
Single Family85.8%
Multi-Family10.9%
Mobile Home3.3%
The median home value in Fairbank, IA is $173,200. According to Zillow, the home value index for Fairbank is $249,541. The median rent is $630 per month (Census ACS). About 86.0% of housing units are owner-occupied. The median year homes were built is 1971. There are 569 total housing units.