Fairfield, CA94533

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$532,000
2.9% YoY Growth
Median Household Income
$86,000
27.5% 5-Year Growth
Days on Market
43
7.0% Longer than last year
Home Price Forecast
-1.7%
Median Rent
$2,140
7.8% YoY Growth
1-Bed Rent
$1,700
7.9% YoY Growth
2-Bed Rent
$2,100
6.1% YoY Growth
3-Bed Rent
$2,690
2.6% YoY Growth

Other Zip Codes in Fairfield, CA

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$594,0000.0%
Listing Count
18821.0%
Listings as % of Homes0.5%21.0%
Days on Market
437.0%
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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.

MetricLatest CensusYoY % Change
Population
78,5003.8%
% Under 18
23.8%-6.7%
% Seniors
13.9%16.8%
% WFH
7.8%169.0%
% w/ College Degree
19.9%6.4%
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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

MetricLatest Census5-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%
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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

MetricZip 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

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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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio6.2
Median Home Price$532,000
Median Household Income$86,000

Fairfield, CA — ZIP Code Boundary Map

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Frequently Asked Questions