According to statistics, the population in Fairfield, CA amounts to 112,790, which shows growth 2% compared to the previous year. The median age of the city’s residents is 35. The average household income is $75,292, shifting growth 9% from the past year, and the average property value in Fairfield, CA growth 12% to $341,500 throughout the year.
|Number Of Employees||50,080|
|Median Property Value||$341,500|
The average household income in Fairfield, CA grew from $69,396 to $75,292 in the past year. This data is an estimate based upon 35,772 households in Fairfield, CA . The chart below presents how household income is distributed in Fairfield, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Fairfield, CA shifted from $305,400 to $341,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Fairfield, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Fairfield, CA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fairfield, CA compared to median property taxes around the country. The prevalent amount of property taxes in Fairfield, CA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$76,000||N/A|
|1 bed for sale||$287,666||N/A|
|2 bed for sale||$341,816||-13.7%|
|3 bed for sale||$544,841||-9.7%|
|4+ bed for sale||$1,330,086||+71.7%|
During Jul 2022, the average price for an apartment in/near Fairfield, CA increased by 54.5% to $1,025,041.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $287,666 with no changes this month. Asking price for 2-bed apartment also decreased by 13.7% and a place of this size will now cost you $341,816. A 3-bed apartment goes for $544,841, it decreased by 9.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 71.7% and made it up to $1,330,086.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$64,500||N/A|
|Houses for sale||$1,049,836||+52.6%|
|Condos for sale||$446,633||+46%|
|Land for sale||$489,500||-31.9%|
|Other for sale||$475,000||N/A|
|Townhouses for sale||$449,000||N/A|
While assessing the property pricing Fairfield, CA, you can note that it remains flat with a price tag of $64,500. Price reports demonstrate that house price increased by 52.6% this month making it up to $1,049,836. Condos are really in demand in this season. The median price for a condo increased by 46%, it’s now available for $446,633. Value of the townhouses didn’t change, the price still starts at $449,000.