Why Live in Fairfield
Fairfield is a culturally diverse neighborhood in Iowa's southeast corner, known for its deep-rooted community and integration of various backgrounds. Anchored by Cambridge Investment Research, the area boasts a strong financial services industry alongside education, healthcare, and manufacturing sectors. Sustainability is a key focus, highlighted by permaculture sites and a significant solar field at Maharishi International University. Downtown Fairfield features a variety of restaurants and shops reflecting global cultures, including Indian, Thai, and Mexican cuisine. The Fairfield First Fridays Art Walk and the Fairfield Arts and Convention Center, which includes the Stephen Sondheim Theater for the Performing Arts, are notable attractions that bring the community together through art and music. The Fairfield Loop Trail offers outdoor activities, connecting parks like Waterworks Park and Bonnifield Lake. Housing styles range from early-1900s bungalows and mansions to east-facing Vastu homes, with a median home price significantly below the national average. The Maharishi School, highly rated for its private K-12 education, and Maharishi International University emphasize Transcendental Meditation in their curricula. While property crimes have fallen dramatically from 2019 to 2023, residents rely on cars for commuting, and the California Zephyr Amtrak train passes through Fairfield, with the nearest stations 20 miles away in Ottumwa and Mount Pleasant. Fairfield's evolving dynamics from the 1970s to the present day reflect a harmonious blend of traditional and diverse influences.
Home Trends in Fairfield, IA
On average, homes in Fairfield, IA sell after 86 days on the market compared to the national average of 50 days. The median sale price for homes in Fairfield, IA over the last 12 months is $183,500, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$183,500
Median Single Family Sale Price
$190,000
Median Townhouse Sale Price
$175,000
Median 2 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$136
Number of Homes for Sale
67
Last 12 months Home Sales
121
Median List Price
$189,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
8%