March 2024

Fairfield Housing Market Report Spokane County, Washington

Report Updated 24 Days Ago

Housing Prices in Fairfield, WA

How much do homes in Fairfield, WA cost?

Median List Price

$439,995

$112/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$122,595(+38.6%)

Key Takeaway

The list price of homes in Fairfield has increased by 38.6% since last year.

Summary: The median home list price in Fairfield was $439,995 in March 2024, up 38.6% from the previous year, and the median price per square foot was $112.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$240K	$445K	+85.4%
3 Bedrooms	$348.4K	$207.4K	-40.5%
4 Bedrooms	$324.9K	$349.9K	+7.7%
5+ Bedrooms	$369.4K	$499.5K	+35.2%

Summary: Fairfield 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 increased by 85.4%, 3 bedroom homes decreased by 40.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 35.2%.

Housing Supply in Fairfield, WA

How many homes are available in Fairfield, WA?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
0	1	+100.0%

Summary: The Fairfield real estate market had 1 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	CHANGE
1 Bedroom	0	0.0%
2 Bedrooms	0	0.0%
3 Bedrooms	0	0.0%
4 Bedrooms	0	0.0%
5+ Bedrooms	1	+100.0%

Summary: The Fairfield 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 increased by 100%.

Days on Market for Fairfield, WA

How long does it take to sell a home in Fairfield, WA?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
34 Days	10 Days	-70.6%

Summary: Homes in Fairfield had an average listing age of 10 days in Mar 2024, down by 70.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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Newest Listings in Fairfield, WA

What homes are available in Fairfield, WA?

See More Listings

$437,000

$5,189 Closing Credit

2,688 SqFt

408 W Carlton Ave, Fairfield WA, 99012

Joni Hay

Listing Office:

Keller Williams Spokane - Main

$499,900

$5,936 Closing Credit

1,748 SqFt

8109 E Bratt Rd, Fairfield WA, 99012

Megan Wiks

Listing Office:

Synergy Properties

$555,000

$6,591 Closing Credit

4,994 SqFt

110 S 1st St, Fairfield WA, 99012

Brandon DeSimone

Listing Office:

CENTURY 21 Beutler & Associates

Nearby Markets to Fairfield, WA

MLS Disclaimers and Copyright

Based on information from Spokane Association of REALTORS® MLS for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.