Fairfield, IA Home Values & Market Trends

Real estate market trends reflect that there have been 185 transactions over the past year in Fairfield. The median value for residential home transactions that occurred over the previous year is $190,694. The number of current listings in Fairfield is 239, and the percentage of properties for sale in the city is 239.00%. Fairfield, IA currently has 4 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 239 properties for sale.

Fairfield, IA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
52556

$ 190,694

$ 140/sqft

52557

$ --

$ --

Housing Market Summary for Fairfield, IA

Sep 2025September 2026Change
Median Listing Price$189K$189.9K0.48%
Median Sold Price$160K$188.5K17.78%
Homes For Sale17623533.52%
Homes Sold304756.67%
Price
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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, IA

Fairfield home values range from $25,592 to $959,307. The median estimated value of a home in Fairfield is $190,694. The median list price of a home is 189,450, and the total count of properties in the city is 294.

Foreclosure
There are 2 zips within Fairfield, IA; within these zips, the median estimated home value for homes in foreclosure ranges from $190,807 in 52556 to the lowest value of $75,525 in 52556. Foreclosure homes account for 1.00% of properties in Fairfield, IA with 52556 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.36% of all residential properties in Fairfield, IA with 52556 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Fairfield, IA; of those zips, the estimated home value for pre-foreclosure homes ranges from $190,807 in 52556 to the lowest home value of $75,525 in 52556.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fairfield, 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 Fairfield, IA. There are 2 zips within Fairfield, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Fairfield, IA. Auction homes and other auction properties account for 0% of all properties in Fairfield, IA. There are 2 zips within Fairfield, IA; of those 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.29% of residential properties in Fairfield, IA with 52556 containing 239 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Fairfield, IA; homes for sale in those zips, have a range of median values from $899,398 in 52556 to the lowest value of $25,592 in 52556.
    Sold Homes
    The median value for recently sold homes ranges from $959,307 in 52556 to the lowest price of $42,382 in 52556. There are 2 zips within Fairfield, IA. 52556 has 47 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 15.99% of properties in Fairfield, IA.

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      Guide for Fairfield, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.