Fairfax, IA Home Values & Market Trends
Real estate market trends reflect that there have been 81 transactions over the past year in Fairfax. The median value for residential home transactions that occurred over the previous year is $367,037. The number of current listings in Fairfax is 73, and the percentage of properties for sale in the city is 73.00%. Fairfax, IA currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 73 properties for sale.
Fairfax, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 52228 | $ 367,037 $ 230/sqft |
Housing Market Summary for Fairfax, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $375K | $375K | - |
| Median Sold Price | $313.5K | $310.6K | -0.92% |
| Homes For Sale | 40 | 67 | 67.50% |
| Homes Sold | 25 | 29 | 16.00% |
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 Fairfax, IA
Browse Homes in Fairfax, IA
Fairfax home values range from $141,153 to $814,854. The median estimated value of a home in Fairfax is $367,037. The median list price of a home is 394,500, and the total count of properties in the city is 104.
- Pre-ForeclosurePre-foreclosure homes account for 0.96% of all residential properties in Fairfax, IA with 52228 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Fairfax, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $232,987 in 52228 to the lowest home value of $232,987 in 52228.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fairfax, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Fairfax, IA. There is 1 zips within Fairfax, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Fairfax, IA. Auction homes and other auction properties account for 0% of all properties in Fairfax, IA. There is 1 zips within Fairfax, IA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Fairfax, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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