Fairfield, KY Foreclosures
Current Market Conditions in in Fairfield, KY As of February 2026?
Over the past month, Fairfield's real estate market has experienced slight fluctuations, with a modest increase in home sales and continued interest from prospective buyers. The average days on the market have decreased, indicating a more competitive market. Homes are selling quickly, and prices are expected to stabilize as seasonal demand increases in the upcoming months.
How much do homes sell for in Fairfield, KY?
The average home price is currently $249,407.
What’s the average rental cost in Fairfield, KY?
The average rental price in Fairfield is $1,210.
What is the most expensive home in Fairfield?
The most expensive home sold in Fairfield had a price of $802,790.
What is currently the cheapest priced home in Fairfield, KY?
The cheapest home for sale in Fairfield is priced at $127,970.
Living in Fairfield, KY
Fairfield, KY, is a delightful small town rich in community spirit and outdoor amenities. With its historic charm and access to recreational activities, it’s the perfect place for families and individuals seeking a peaceful lifestyle. Residents enjoy a variety of local shops and quality schools, all while being close to larger metropolitan areas.
Buyer vs Seller Market in Fairfield, KY
The real estate market in Fairfield, KY, has shown stable growth over the past year, with home prices gradually increasing as demand rises. The area remains attractive to buyers looking for affordable housing options in a serene environment. Current trends indicate a healthy balance between supply and demand, providing opportunities for both buyers and sellers.
As Fairfield continues to develop and attract new residents, the market is expected to maintain its upward trajectory. The community's appealing lifestyle and proximity to urban centers are drawing interest from families and retirees alike, contributing to a steady increase in real estate activity.
Home Value Estimator For Fairfield, KY
There are currently 56 real estate properties
in Fairfield, KY,
with a median automated valuation model (AVM) price
of $213,282.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairfield, KY, 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 Fairfield, KY,
is $249,407.00, with the most expensive house
in Fairfield, KY, topping out
at $802,790.00 and the cheapest home
in Fairfield, KY,
clocking in at $127,970.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairfield, KY!
Rent Prices
In Fairfield, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairfield, KY, is on
a rollercoaster ride. The
average rent price in Fairfield, KY,
is $1,210.00. Indeed, when looking to rent in
Fairfield, KY, you can expect to pay as little
as $720.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Fairfield, KY
-- 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.
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