Housing Prices in Fairfax, MI
How much do homes in Fairfax, MI cost?
Median List Price
$222,500
$178/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Fairfax has increased by 11.3% since last year.
Summary: The median home list price in Fairfax was $222,500 in March 2024, up 11.3% from the previous year, and the median price per square foot was $178.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $197.4K | $220K | +11.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $239.9K | $229.9K | -4.2% |
Summary: Fairfax housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 4.2%.
Median List Price Compared To Nearby Neighborhoods
| Fairfax | $199.9K | $222.5K | +11.3% |
| Landmark | $230K | $239.4K | +4.1% |
Housing Supply in Fairfax, MI
How many homes are available in Fairfax, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Summary: The Fairfax real estate market had 1 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairfax housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Fairfax, MI
How long does it take to sell a home in Fairfax, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 87 Days | 25 Days | -71.4% |
Summary: Homes in Fairfax had an average listing age of 25 days in Mar 2024, down by 71.4% compared to the previous year.
