Fairfield, WA—99012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairfield, WA
As of Oct '25, the median home price in Fairfield, WA is $373,000, with a year-over-year change of 2.6%. This indicates that home prices in Fairfield, WA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | 2.6% |
| Single Family | $373,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $380,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairfield, WA
Fairfield, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairfield, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairfield, WA is 114. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $409,000 | -33.0% |
Listing Count | 7 | 175.0% |
| Listings as % of Homes | 0.3% | 175.0% |
Days on Market | 114 | -23.0% |
Demographics — Fairfield, WA
As of the latest ACS Survey released in 2023, Fairfield, WA has a population of 1,120, which has increased by 36.7% over the past 5 years. Fairfield, WA is a popular place for families, as children make up 27.2% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,120 | 36.7% |
% Under 18 | 27.2% | 14.8% |
% Seniors | 17.3% | -21.0% |
% WFH | 7.4% | -43.1% |
% w/ College Degree | 25.2% | 4.6% |
As of the latest ACS Survey released in 2023, Fairfield, WA is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Fairfield, WA is hispanic, making up 1.6% of the population. Foreign-born residents account for 0.0% of the population in Fairfield, WA, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.9% | -5.9% |
% Black | 0.9% | ∞% |
% Hispanic | 1.6% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Fairfield, WA
According to HUD data as of 2023, there were 64 mortgage originations in Fairfield, WA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Fairfield, WA. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fairfield, WA
Fairfield, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,190 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $1,930 |
Affordability — Fairfield, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $373,000 |
| Median Household Income | $66,400 |