$6,827 Closing Credit*
$574,900
2,782 SqFt
4 Beds
•2 Full Baths, 2 Partial
Listing Office: CORNERSTONE REALTY GROUP
Housing Prices in Fairfield, VA
How much do homes in Fairfield, VA cost?
Median List Price
$567,000
$206/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$177,500(+45.6%)
Key Takeaway
The list price of homes in Fairfield has increased by 45.6% since last year.
Summary: The median home list price in Fairfield was $567,000 in October 2024, up 45.6% from the previous year, and the median price per square foot was $206.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.0M | $567K | -43.4% |
| 4 Bedrooms | $387K | $349.9K | -9.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Fairfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 43.4%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Fairfield | $389.5K | $567K | +45.6% |
| Walkers Creek | $425K | $399K | -6.1% |
Housing Supply in Fairfield, VA
How many homes are available in Fairfield, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Summary: The Fairfield real estate market had 5 homes for sale in October 2024, a 150.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Fairfield, VA
How long does it take to sell a home in Fairfield, VA?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 169 Days | 117 Days | -30.7% |
Summary: Homes in Fairfield had an average listing age of 117 days in Oct 2024, down by 30.7% compared to the previous year.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.