$358,000
- 2,276 Sq Ft
2050 Sapphire Ln, Fairfield, IA 52556
Michaela Mclain Village Realty
$358,000
2050 Sapphire Ln, Fairfield, IA 52556
Michaela Mclain Village Realty
$165,000
122 S Main St, Fairfield, IA 52556
Lisa Moseley Fairfield Real Estate
$553,500
2309 Kale Blvd, Fairfield, IA 52556
Michaela Mclain Village Realty
$160,000
403 S Court St, Fairfield, IA 52556
Lisa Cohen Village Realty
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.
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.
In Fairfield, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $160,000 to $553,500, there's a range to accomodate every budget. As of August, 2025 the median home price in Fairfield is $183,500, while the average sale price is $173,110, offering insights into the local housing market. On average, multi-family homes spend 56 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fairfield, IA.