Fairfield, CA—94533
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Fairfield, CA
Home Price Trends — Fairfield, CA
As of Oct '25, the median home price in Fairfield, CA is $532,000, with a year-over-year change of -2.9%. This indicates that home prices in Fairfield, CA are decreasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $532,000 | -2.9% |
| Single Family | $541,000 | -3.0% |
| Condos | $276,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $258,000 | -4.1% |
2 Bed | $340,000 | -2.9% |
3 Bed | $493,000 | -3.5% |
4 Bed | $602,000 | -2.7% |
| 5 Bed | $734,000 | -2.3% |
% of Housing Stock
Rental Trends — Fairfield, CA
As of July '25, Rentcast reports the average rent in Fairfield, CA is $2,260, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Fairfield, CA is studios: $1,710, 1-bedrooms: $1,770, 2-bedrooms: $2,100, 3-bedrooms: $2,770, 4-bedrooms: $3,340. The most common rental property sizes in Fairfield, CA are 2-bedroom and 3-bedroom, accounting for 40.2% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,140 | $2,260 |
| Studio Rent | $1,750 | $1,710 |
| 1 Bed Rent | $1,700 | $1,770 |
| 2 Bed Rent | $2,100 | $2,100 |
| 3 Bed Rent | $2,690 | $2,770 |
| 4 Bed Rent | $3,350 | $3,340 |
% of Rental Stock
Property Listings — Fairfield, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairfield, CA is 43. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $594,000 | 0.0% |
Listing Count | 188 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 43 | 7.0% |
Demographics — Fairfield, CA
As of the latest ACS Survey released in 2023, Fairfield, CA has a population of 78,500, which has increased by 3.8% over the past 5 years. Fairfield, CA is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 78,500 | 3.8% |
% Under 18 | 23.8% | -6.7% |
% Seniors | 13.9% | 16.8% |
% WFH | 7.8% | 169.0% |
% w/ College Degree | 19.9% | 6.4% |
As of the latest ACS Survey released in 2023, Fairfield, CA is a predominantly hispanic area, with 39.4% of the population identifying as hispanic. The hispanic population has grown by 8.5% in the last 5 years. The second most common race or ethnicity in Fairfield, CA is white, making up 22.8% of the population. Foreign-born residents account for 26.5% of the population in Fairfield, CA, and this percentage has increased by 8.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.8% | -10.2% |
% Black | 16.5% | -1.2% |
% Hispanic | 39.4% | 8.5% |
% Asian | 13.9% | -9.2% |
% Foreign Born | 26.5% | 8.2% |
Mortgage and Risk — Fairfield, CA
According to HUD data as of 2023, there were 1087 mortgage originations in Fairfield, CA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Fairfield, CA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,087 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Fairfield, CA
As of 2024, the percent of homes in Fairfield, CA under the Section 8 program is 10.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Fairfield, CA, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,170 |
Total Units Section 8 | 1,170 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,700 | $1,680 |
| 2 Bedroom | $40 | $2,100 | $2,140 |
| 3 Bedroom | $190 | $2,690 | $2,880 |
| 4 Bedroom | -$70 | $3,350 | $3,280 |
Affordability — Fairfield, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $532,000 |
| Median Household Income | $86,000 |