Housing in Fairfax, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$230,500
Median List Price
$165,000
Price Per Sq Ft
$102
Days on Market
20
Active Inventory
9
Months of Supply
9.0
Buyer's market
Zillow Home Value
$291,767
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
96.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$102
Median List $/SF
$150
Fairfax vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fairfax is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$278,800
Median Rent
$1,188
Total Housing Units
1,009
Vacancy Rate
2.4%
Owner Occupied
93.2%
Renter Occupied
6.8%
Median Property Tax
$3,908
per year
Monthly Cost (w/ Mortgage)
$1,396
Housing Types
The current median sale price in Fairfax, IA is $230,500 according to Redfin data. Homes spend a median of 20 days on the market. 0.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $102. The median rent is $1,188 per month (Census ACS). About 93.2% of housing units are owner-occupied. The median year homes were built is 2004. There are 1,009 total housing units.