Why Live in Fairfield
Fairfield, located in southeast Iowa, is a culturally diverse community with a strong foundation in financial services, education, healthcare, and manufacturing. The city is known for its sustainability efforts, including a significant solar field at Maharishi International University. Downtown Fairfield features a variety of international dining options and unique shops, reflecting the town's dynamic nature. The city’s architecture ranges from early-1900s bungalows and folk-style homes to modern Vastu homes. Fairfield hosts several attractions, such as the Fairfield First Fridays Art Walk and the Fairfield Arts and Convention Center, which includes the Stephen Sondheim Theater for the Performing Arts. The Fairfield Loop Trail offers 16 miles of gravel paths connecting various parks, including Waterworks Park with its large swimming hole, Bonnifield Lake. Fairfield residents primarily rely on cars for transportation, with the nearest Amtrak stations 20 miles away in Ottumwa and Mount Pleasant. The city is over 100 miles from both Quad Cities International Airport and Des Moines International Airport. Despite past tensions between different community groups, Fairfield has evolved into a harmonious and integrated community.
Home Trends in Fairfield, IA
On average, homes in Fairfield, IA sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Fairfield, IA over the last 12 months is $165,000, down 45% from the median home sale price over the previous 12 months.
Median Sale Price
$165,000
Median Single Family Sale Price
$183,500
Median Townhouse Sale Price
$185,000
Median 2 Bedroom Sale Price
$183,500
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$131
Number of Homes for Sale
16
Last 12 months Home Sales
82
Median List Price
$183,500
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-45%