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Foreclosure Homes in Fairfax, IA 52228

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Fairfax, IA Foreclosures

Current Market Conditions in in Fairfax, IA As of April 2026?
Over the past month, the Fairfax housing market has remained competitive, with an increase in listings and moderate price appreciation. The demand continues to outpace supply as more buyers are attracted to the community's amenities and lifestyle. This trend suggests a strong market position, with potential for further growth as the community develops.
How much do homes sell for in Fairfax, IA?
The average home price is currently $338,347.
In Fairfax, IA, how many homes are available?
There are currently 8 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 $3,067,810.
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 welcoming community located in Linn County, known for its family-friendly environment and access to outdoor activities. The town features good schools, local parks, and recreational facilities, making it an appealing place for both families and individuals. With its strong community spirit and charm, Fairfax offers a quaint lifestyle with essential amenities nearby.

Buyer vs Seller Market in Fairfax, IA

The real estate market in Fairfax has shown steady growth in recent years, with an increase in home prices driven by demand from families and individuals seeking a friendly community. The market remains competitive, but it is still accessible for first-time home buyers and those looking to invest in a growing area.

As more people discover the charm of Fairfax, efforts towards infrastructure and community development are ongoing, contributing positively to the area's real estate dynamics.

Home Value Estimator For Fairfax, IA

There are currently 1,793 real estate properties in Fairfax, IA, with a median automated valuation model (AVM) price of $318,390.00. 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 $338,347.00, with the most expensive house in Fairfax, IA, topping out at $3,067,810.00 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 52228 Foreclosures

Market Trend for Fairfax, IA

Total Listings Available: 8

Market Values:

Home Prices from $17,453 to $3,067,810

Average Sales Price: $338,347

Rental Values:

Rental from $840 to $2,570

Average Rent Value: $1,676 / month

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