Fairfield, PA
Housing market overview · Updated weekly
$319,999median sale price
Homes sold
5
Last 12 weeks
Days on market
41
Average pace
Active listings
2
0.4 months supply
Sale-to-list
101.6%
Above asking
Fairfield, PA housing market analysis
The Fairfield housing market is currently classified as a strong seller's market with a median sale price of $319,999. Prices have decreased 3.8% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Fairfield spend an average of 41 days on market before going under contract, which is a moderate pace, suggesting a reasonably active market with healthy demand.
With 0.4 months of supply, inventory in Fairfield is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 101.6%, meaning homes are selling at or above their asking price on average — a strong indicator of competitive demand.
There are currently 2 active listings in Fairfield, providing a very limited selection that intensifies competition among buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Fairfield as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Fairfield with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Fairfield?
The median home sale price in Fairfield is $319,999, down 3.8% from last year.
How long do homes stay on market in Fairfield?
Homes typically spend 41 days on market before going under contract.
Is Fairfield a buyer's or seller's market?
With 0.4 months of supply, Fairfield is currently a strong seller's market.
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