Home Values

Fairfield County 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

$387,300

  • 1.3% 1-year change
  • -0.4% 1-year forecast

The median home value in Fairfield County is $387,300. Fairfield County home values have gone up 1.3% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in Fairfield County is $240, which is the same as the Stamford Metro average of $240. The median price of homes currently listed in Fairfield County is $489,900 while the median price of homes that sold is $378,850. The median rent price in Fairfield County is $2,015, which is the same as the Stamford Metro median of $2,015.

Foreclosures will be a factor impacting home values in the next several years. In Fairfield County 2.4 homes are foreclosed (per 10,000). This is the same as the Stamford Metro value of 2.4 and also lower than the national value of 4.2

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 County is 10.4%, which is higher than the national value of 6.4%. 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 County homeowners underwater on their mortgage is 14.6%, which is the same as Stamford Metro at 14.6%.

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Relative ZHVI
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Fairfield County Market Overview

Data through Nov 30, 2014
  • $387,300 ZHVI
  • -0.4% 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
    (Nov 30, 2015)
  • $489,900 Median listing price
  • $378,850 Median sale price
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Fairfield County Market Health

Data through Nov 30, 2014
  • 1.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 119 Average days on Zillow (Oct 31, 2014)
  • 14.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.4 homes Fairfield County
2.4 homes Stamford Metro
4.2 homes United States
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Cities in Fairfield County

Name Median ZHVI
Westport $1,071,500
Weston $805,300
Wilton $758,500
Name Median ZHVI
Easton $605,100
Town of Ridgefield $599,900
Redding $526,800
Name Median ZHVI
Fairfield $505,800
Town of Newtown $362,100
Town of Bethel $294,000

Listings & Sales

Data through Nov 30, 2014
  • $240 Median list price / sq ft
  • $210 Median sale price / sq ft
  • No data Listings with price cut
32.1%
Sold below listing
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Fairfield County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,422 Fairfield County
    $2,422 Stamford Metro
    $1,342 United States

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

  • 4.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,015 Rent list price
  • $1.71 Rent list price / sq ft
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