Housing in Fairfield, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$170,000
Median List Price
$151,250
Price Per Sq Ft
$104
Days on Market
83
Active Inventory
48
Months of Supply
6.9
Buyer's market
Zillow Home Value
$152,736
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
14.3%
Off Market in 2 Weeks
12.5%
Sale-to-List Ratio
93.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
8
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$104
Median List $/SF
$99
Fairfield vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Fairfield 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
$152,900
Median Rent
$864
Total Housing Units
4,736
Vacancy Rate
11.3%
Owner Occupied
56.8%
Renter Occupied
43.2%
Median Property Tax
$2,700
per year
Monthly Cost (w/ Mortgage)
$878
Housing Types
The current median sale price in Fairfield, IA is $170,000 according to Redfin data. Homes spend a median of 83 days on the market. 14.3% of homes sold above asking price. The market has 6.9 months of supply. The median price per square foot is $104. The median rent is $864 per month (Census ACS). About 56.8% of housing units are owner-occupied. The median year homes were built is 1965. There are 4,736 total housing units.