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Foreclosure Homes in Fairfax, IA

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Fairfax, IA Foreclosures

Current Market Conditions in in Fairfax, IA As of February 2026?
Over the past month, Fairfax has shown a slight uptick in home prices, reflecting growing demand as families continue to seek quieter neighborhoods with good schools. The inventory of available homes has decreased, indicating a competitive market, with properties often selling quickly within a few weeks of listing. Buyers are advised to act fast to secure a home in this desirable area.
How much do homes sell for in Fairfax, IA?
The average home price is currently $337,159.
In Fairfax, IA, how many homes are available?
There are currently 6 active home listings available in Fairfax.
What’s the average rental cost in Fairfax, IA?
The average rental price in Fairfax is $1,676.
What is the most expensive home in Fairfax?
The most expensive home sold in Fairfax had a price of $3,100,113.
What is currently the cheapest priced home in Fairfax, IA?
The cheapest home for sale in Fairfax is priced at $17,453.

Living in Fairfax, IA

Fairfax, IA is a quaint and welcoming community situated just south of Cedar Rapids. It boasts a variety of local amenities, parks, and recreational activities. The town is perfect for families looking for a supportive environment with a rich sense of community.

Buyer vs Seller Market in Fairfax, IA

The real estate market in Fairfax has remained stable, with a steady demand for homes due to its appealing location near Cedar Rapids. The community's charm and affordability continue to attract homebuyers looking for a quiet place to live with easy access to urban conveniences.

Growth trends indicate a rising interest in suburban living, especially post-pandemic, which has prompted an increase in home values and new construction in the area, catering to families and young professionals moving in.

Home Value Estimator For Fairfax, IA

There are currently 1,794 real estate properties in Fairfax, IA, with a median automated valuation model (AVM) price of $320,370.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairfax, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fairfax, IA, is $337,159.00, with the most expensive house in Fairfax, IA, topping out at $3,100,113.00 and the cheapest home in Fairfax, IA, clocking in at $17,453.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairfax, IA!

Rent Prices In Fairfax, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfax, IA, is on a rollercoaster ride. The average rent price in Fairfax, IA, is $1,676.00. Indeed, when looking to rent in Fairfax, IA, you can expect to pay as little as $840.00 or as much as $2,570.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Fairfax, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fairfax, IA Foreclosures


Market Trend for Fairfax, IA

Total Listings Available: 6

Market Values:

Home Prices from $17,453 to $3,100,113

Average Sales Price: $337,159

Rental Values:

Rental from $840 to $2,570

Average Rent Value: $1,676 / month

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