$69,900
6.70 Acres
Land
Kimberly L Defaria, Listing Office: River Hills Properties LLC Barn
Is Fairfield, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairfield was a Seller's Market.
Key Takeaway
Fairfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fairfield, NY
How much do homes in Fairfield, NY cost?
Median Sold Price
$340,000
$228/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$207,000(+155.6%)
Key Takeaway
Homes in Fairfield have sold for 155.6% more than they did a month ago.
Summary: The median home sold price in Fairfield was $340,000 in September 2024, up 155.6% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $76K | $340K | +347.4% |
| 4 Bedrooms | $190K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairfield housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 347.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fairfield, NY
How many homes are available in Fairfield, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Fairfield real estate market had 7 homes for sale in September 2024, a 30.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fairfield housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fairfield in September 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fairfield, NY
How long does it take to sell a home in Fairfield, NY?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 95 Days | 21 Days | -77.9% |
Summary: Homes in Fairfield had an average of 21 days on market in Sep 2024, down by 77.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Fairfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
