Fairfield, AL Home Values & Market Trends

Real estate market trends reflect that there have been 192 transactions over the past year in Fairfield. The median value for residential home transactions that occurred over the previous year is $101,211.63. The number of current listings in Fairfield is 17, and the percentage of properties for sale in the city is 17.00%. Fairfield, AL currently has 8 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 17 properties for sale.

Fairfield, AL Real Estate Market Overview

ZipMedian Est. Value
35064

$ 135,000

$ 97/sqft

Housing Market Summary for Fairfield, AL

Apr 2023March 2024Change
Median Listing Price$79,950$80,0000.06%
Median Sold Price$71,000$80,00012.68%
Homes For Sale161918.75%
Homes Sold599255.93%
Price
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Homes For Sale
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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%.

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Browse Homes in Fairfield, AL

Fairfield home values range from $11,865 to $938,625. The median estimated value of a home in Fairfield is $101,211.63. The median list price of a home is 135,000, and the total count of properties in the city is 3,809.

Foreclosure
There is 1 zips within Fairfield, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $220,750 in 35064 to the lowest value of $34,881 in 35064. Foreclosure homes account for 0.00% of properties in Fairfield, AL with 35064 containing 8 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Fairfield, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Fairfield, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fairfield, AL ranges from the highest value of $166,217 in 35064 to the lowest value of $166,217 in 35064. Bank owned homes and properties account for 0.03% of properties in Fairfield, AL. There is 1 zips within Fairfield, AL; 35064 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35064 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Fairfield, AL. Auction homes and other auction properties account for 0.18% of all properties in Fairfield, AL. There is 1 zips within Fairfield, AL; of that zips, the median estimated home value for homes going to auction ranges from $220,750 in 35064 to the lowest value of $34,881 in 35064.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in Fairfield, AL with 35064 containing 17 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Fairfield, AL; homes for sale in that zips, have a range of median values from $259,900 in 35064 to the lowest value of $34,900 in 35064.
    Sold Homes
    The median value for recently sold homes ranges from $319,908 in 35064 to the lowest price of $11,865 in 35064. There is 1 zips within Fairfield, AL. 35064 has 87 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.28% of properties in Fairfield, AL.

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      Guide for Fairfield, AL

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      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

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      A new house being built
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      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes Fairfield, AL

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