The story of this market
The typical home in Fairfield, Connecticut sells for about $999,999, or $455 per square foot.
Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $4,125 a month.
Monthly price momentum
Home values since 2015
+5.6%
CT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Fairfield, Connecticut
Fairfield's housing market remains highly competitive, characterized by strong buyer demand and limited inventory, which keeps prices elevated. The town's reputation for excellent schools and its strategic transit access to New York City continue to drive market activity. While some metrics like median price vary by source, the overall trend reflects a resilient seller's market.
No ARED county foreclosure postings attributed to Fairfield yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 29 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A popular public beach on the Long Island Sound, serving as a major recreational anchor for residents and a key driver of coastal property value.
The town's central hub featuring a dense concentration of retail, restaurants, and cultural venues, providing essential services and social space for the community.
A private Jesuit university that contributes to the local economy and cultural life, influencing the rental market and local employment.
A historic and scenic harbor area that supports recreational boating and enhances the aesthetic and property value of the surrounding Southport neighborhood.
Fairfield is an ideal destination for affluent families, commuters working in New York City, and long-term investors, offering a blend of suburban tranquility, high-quality education, and convenient transit access.
Fairfield is widely recognized for its high-performing public school system, which serves as a primary driver for family-oriented housing demand in the region.
The town is served by the Metro-North Railroad, providing essential rail connectivity to New York City, complemented by major highway access via I-95.
Fairfield offers an extensive amenity base anchored by its public beaches, including Jennings and Southport Beach, alongside numerous parks, golf courses, and a vibrant downtown shopping and dining district.
The rental market in Fairfield is characterized by high demand and limited vacancy, driven by its appeal to both young professionals and families seeking access to top-tier schools and coastal amenities.
Fairfield's economy is anchored by its proximity to the New York City financial hub, with a strong local service sector, education, and professional services industry mix.
Fairfield benefits from its strategic location along the Metro-North rail corridor, supporting a robust commuter economy and ongoing transit-oriented development near the Fairfield Metro Center.
Development efforts are currently focused on transit-oriented projects and the revitalization of the downtown core to maintain economic momentum.
The town is served by the Fairfield Public Schools district, which is the primary educational authority for the municipality.
The town maintains a coastal posture with significant exposure to Long Island Sound, necessitating careful consideration of flood insurance and storm-resilience planning for waterfront properties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
Data sourced from U.S. Census Bureau ACS estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.