New 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

$329,000

  • -1.1% 1-year change
  • 0.6% 1-year forecast

The median home value in New Fairfield is $329,000. New Fairfield home values have declined -1.1% over the past year and Zillow predicts they will rise 0.6% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In New Fairfield 2.3 homes are foreclosed (per 10,000). This is lower than the Stamford Metro value of 2.8 and also lower than the national value of 3.6

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 New Fairfield is 5.4%, which is lower than the national value of 6.0%. 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 New Fairfield homeowners underwater on their mortgage is 13.4%, which is lower than Stamford Metro at 14.0%.

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Relative ZHVI
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New Fairfield Market Overview

Data through Jul 31, 2015
  • $329,000 ZHVI
  • 0.6% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $375,000 Median sale price (Jun 30, 2015)
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New Fairfield Market Health

Data through Jul 31, 2015
  • 3.3/10 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.
  • No data Average days on Zillow
  • 13.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 New Fairfield
3 Stamford Metro
4 United States
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Nearby Cities

Name Median ZHVI
Bridgewater $448,600
Sherman $401,800
Brookfield $339,600
Name Median ZHVI
Brewster Hill $282,000
Southeast $279,500
Town of Pawling $267,800
Name Median ZHVI
Town of New Milford $245,200
Danbury $241,700
Patterson $220,800

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $179 Median sale price / sq ft
  • No data Listings with price cut
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New Fairfield Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,220 New Fairfield
    $2,478 Stamford Metro
    $1,376 United States

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

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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