Home Values

Fairfield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$340,400

  • 13.3% 1-year change
  • 6.1% 1-year forecast

The median home value in Fairfield is $340,400. Fairfield home values have gone up 13.3% over the past year and Zillow predicts they will rise 6.1% within the next year. The median list price per square foot in Fairfield is None. The median rent price in Fairfield is $1,700, which is higher than the Vallejo Metro median of $1,635.

Foreclosures will be a factor impacting home values in the next several years. In Fairfield 2.9 homes are foreclosed (per 10,000). This is the same as the Vallejo Metro value of 2.9 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Fairfield is 5.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Fairfield homeowners underwater on their mortgage is 18.2%, which is higher than Vallejo Metro at 17.4%.

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Relative ZHVI
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Fairfield Market Overview

Data through Apr 30, 2015
  • $340,400 ZHVI
  • 6.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $334,325 Median sale price
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Fairfield Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 18.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.9 homes Fairfield
2.9 homes Vallejo Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Benicia $481,600
Martinez $437,000
Concord $431,300
Name Median ZHVI
American Canyon $365,300
Rodeo $333,200
Crockett $324,700
Name Median ZHVI
Vacaville $322,900
Suisun City $254,700
Vallejo $230,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $192 Median sale price / sq ft
  • No data Listings with price cut
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Fairfield Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,835 Fairfield
    $1,788 Vallejo Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,700 Rent list price
  • $1.13 Rent list price / sq ft
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