Fairfield, CA—94534
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 $691,000, with a year-over-year change of -2.1%. This indicates that home prices in Fairfield, CA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $691,000 | -2.1% |
| Single Family | $693,000 | -2.1% |
| Condos | $527,000 | -0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $512,000 | -3.0% |
3 Bed | $611,000 | -2.4% |
4 Bed | $706,000 | -1.9% |
| 5 Bed | $835,000 | -2.2% |
% of Housing Stock
Rental Trends — Fairfield, CA
As of July '25, Rentcast reports the average rent in Fairfield, CA is $2,760, with a year-over-year rent change of -13.7%. Per bedroom, the median rent as of July '25 in Fairfield, CA is studios: $2,150, 1-bedrooms: $2,300, 2-bedrooms: $2,720, 3-bedrooms: $3,140, 4-bedrooms: $3,570. The most common rental property sizes in Fairfield, CA are 2-bedroom and 3-bedroom, accounting for 30.1% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,660 | $2,760 |
| Studio Rent | $2,100 | $2,150 |
| 1 Bed Rent | $2,300 | $2,300 |
| 2 Bed Rent | $2,680 | $2,720 |
| 3 Bed Rent | $3,200 | $3,140 |
| 4 Bed Rent | $3,500 | $3,570 |
% 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 60. This is a increase of 26.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $787,000 | -3.0% |
Listing Count | 114 | 32.0% |
| Listings as % of Homes | 0.4% | 32.0% |
Days on Market | 60 | 26.0% |
Demographics — Fairfield, CA
As of the latest ACS Survey released in 2023, Fairfield, CA has a population of 41,100, which has increased by 7.0% over the past 5 years. Fairfield, CA is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,100 | 7.0% |
% Under 18 | 22.4% | 1.4% |
% Seniors | 18.6% | 23.2% |
% WFH | 15.9% | 140.9% |
% w/ College Degree | 40.1% | -2.2% |
As of the latest ACS Survey released in 2023, Fairfield, CA is a predominantly white area, with 37.7% of the population identifying as white. The white population has shrunk by 16.0% in the last 5 years. The second most common race or ethnicity in Fairfield, CA is asian, making up 24.4% of the population. Foreign-born residents account for 19.8% of the population in Fairfield, CA, and this percentage has increased by 3.1% 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 | 37.7% | -16.0% |
% Black | 12.1% | 37.5% |
% Hispanic | 17.3% | 2.4% |
% Asian | 24.4% | 10.9% |
% Foreign Born | 19.8% | 3.1% |
Mortgage and Risk — Fairfield, CA
According to HUD data as of 2023, there were 639 mortgage originations in Fairfield, CA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Fairfield, CA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 639 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Fairfield, CA
As of 2024, the percent of homes in Fairfield, CA under the Section 8 program is 0.7%. 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. In Fairfield, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $2,300 | $2,450 |
| 2 Bedroom | $450 | $2,680 | $3,130 |
| 3 Bedroom | $980 | $3,200 | $4,180 |
| 4 Bedroom | $1,240 | $3,500 | $4,740 |
Affordability — Fairfield, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $691,000 |
| Median Household Income | $139,000 |