Fairfield, CT Home Values & Market Trends
Real estate market trends reflect that there have been 689 transactions over the past year in Fairfield. The median value for residential home transactions that occurred over the previous year is $770,760.46. The number of current listings in Fairfield is 53, and the percentage of properties for sale in the city is 53.00%. Fairfield, CT currently has 22 properties in foreclosure, 3 bank owned properties, 9 properties headed for auction, and 53 properties for sale.
Fairfield, CT Real Estate Market Overview
Housing Market Summary for Fairfield, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $685K | $718.9K | 4.95% |
| Median Sold Price | $662.6K | $718.9K | 8.49% |
| Homes For Sale | 51 | 39 | -23.53% |
| Homes Sold | 284 | 250 | -11.97% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fairfield, CT
Browse Homes in Fairfield, CT
Fairfield home values range from $89,583 to $7,729,600. The median estimated value of a home in Fairfield is $770,760.46. The median list price of a home is 795,000, and the total count of properties in the city is 17,929.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Fairfield, CT with 06824 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Fairfield, CT; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,626,000 in 06824 to the lowest home value of $733,750 in 06825.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fairfield, CT ranges from the highest value of $527,750 in 06824 to the lowest value of $527,750 in 06825. Bank owned homes and properties account for 0.02% of properties in Fairfield, CT. There are 2 zips within Fairfield, CT; 06825 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06825 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Fairfield, CT. Auction homes and other auction properties account for 0.05% of all properties in Fairfield, CT. There are 2 zips within Fairfield, CT; of those zips, the median estimated home value for homes going to auction ranges from $1,306,500 in 06824 to the lowest value of $453,250 in 06824.
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Guide for Fairfield, CT
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