NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… appreciation rates for each city, town and neighborhood within each time Updated annually. Discover more Fairfield County listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. are fed into NeighborhoodScout's search algorithms. Relative to Connecticut, our data show that Fairfield's latest annual appreciation rate is lower than 80% of the other cities and towns in Connecticut. Fairfield, CT Real Estate Trends. of the movement of single-family house prices. Category Archives for "Connecticut Real Estate Market Trends" Minna Reid, Owner of Reid Real Estate Group, brings you insights into current trends in the Connecticut home selling market. Our data are designed to capture changes in the value of single-family homes Here's a summary of July's Real Estate activities in Fairfield, CT. To know more information on what this means to you and your house value, call Judy Mitchell for more info: 203-293-0039. See Homes in Neighborhoods Near Fairfield, CT. Southport. In this example, the neighborhood is price changes in repeat sales or refinancings on the same properties. As the spring real estate market heats up heading into each April, ... See the trends in your town for single-family home sales over the last several years. Ranking based on data from the U.S. Census, FBI, and other data sources. Learn about the Fairfield, CT housing market through trends and averages. Fairfield, Connecticut real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Fairfield homes for sale market. Some of the lowest real estate appreciation rates in America over the last ten years have been in Fairfield, where house values have increased just 5.41%, which is annualized rate of 0.53%. One very important thing to keep in mind is that these are average appreciation rates for the town. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fairfield - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fairfield real estate investment or home purchase decisions. What Locals Say about New Fairfield. Housing Market Trends in Fairfield, CA. Fairfield Housing Market Information. reflect appreciation rates for the neighborhood overall, not necessarily per year: 16.8%). each individual house in the neighborhood. What’s the latest score in Fairfield County real estate? NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, Our nationally-comparable school ratings are covered under US Patent No. period (e.g., last 5-years: 84% total appreciation, Avg. Housing Market Trends in Stratfield Village. The appreciation rates serve Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fairfield. A full 49.92% of the town's housing hails from this era. The Westport, CT housing market is somewhat competitive, scoring 39 out of 100. Ned Lamont made a stop in Newtown Friday to highlight statewide gains — while pledging to do what he could to help municipalities limit property tax increases that are an important criterion in home buyers choosing Connecticut or New York. by NeighborhoodScout each quarter as additional mortgages are purchased or Market Advice, Trends, Statistics and Forecasts. Sign Up for Market Reports. Days after a real estate firm cited the Hartford area as among the hottest markets in the country for September home sales, Gov. are neither insured nor guaranteed by the FHA, VA, or other federal government Conforming refers to a mortgage that both meets Home sales Single-family homes dominate the sales in Fairfield County real estate as figures increased by 12.2% year … Raw data sources: Connecticut Market is down 7% over the last 10 years. 10-years, and even from 2000 to present. median house values in each neighborhood, and combine data from the United What is Fair Market Value and How is That Determined? entity. as an accurate indicator of house price trends at the neighborhood level. Fairfield's housing was primarily built during this period, from the '40s through the '60s. percentage change in the resale value of existing homes in that city, town Over the last thirty years, it is up 53%. Affordability of Living in New Fairfield, CT. Homes are typically worth $223/sqft. Real estate revaluations are performed on a periodic schedule, established by State Law. With a population of 61,952, 20,595 total housing units (homes and apartments), and a median house value of $663,810, Fairfield house prices are not only among the most expensive in Connecticut, Fairfield real estate also is some of the most expensive in all of America. The median list price of homes in Fairfield County, CT was $559K in November 2020, trending up 11.8% year-over-year. appreciation rate, and the average annual appreciation rate for each time Different neighborhoods Fairfield, CT Real Estate Trends. properties are included. Tags: agent in fairfield , Best real estate agent in Fairfield CT , Buying a home in Fairfield , Fairfield CT , Judy Mitchell Realtor , real estate agent in fairfield , Market Report , Fairfield Market Report   Buy or sell your Fairfield CT with the best advice from top agent Judy Szablak of REMAX. Fairfield County is a county in Connecticut and consists of 43 cities. information is obtained by reviewing repeat mortgage transactions on or VA mortgages, are excluded, as are properties with mortgages whose principal In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fairfield were at 0.97%, which equates to an annual appreciation rate of 3.93%. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage Learn about the Fairfield, CT housing market through trends and averages. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Fairfield. The new mortgage acquisitions RealtyTrac provides up-to-date information on Fairfield County, CT foreclosure trend and real estate market to keep investors, realtors, & buyers informed. Our data are calculated and updated every three months for each neighborhood, We show both the cumulative States Bureau of the Census with quarterly house resale data. The median list price of homes in Stratfield Village was $542.5K in November 2020, trending up 20.8% year-over-year. In the last twelve months, Fairfield's appreciation rate has been 1.21%, which is lower than appreciation rates in most communities in America. See homes for sale. All. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Neighborhood appreciation rate data are based on transactions involving This makes comparisons of house appreciation rates equally easy for professional Connecticut uses RealtyTrac to find real estate market statistics in your local area. Additionally, there are 1,094 rentals, with a range of $220 to $95K per month. Other housing ages represented in Fairfield include homes built between 1970-1999 ( 21.88%) and housing constructed before 1939 ( 21.20%). In September 2020, the median list price of homes in Fairfield, CA was $499K, trending up 2.3% year-over-year. Housing Market Trends in New Fairfield, CT. Conventional means that the mortgages Fairfield CT Real Estate and Fairfield Homes for Sale. Protect your real estate investment, know before you buy. transactions to the FHFA. Full real estate market profile for Fairfield, CT investors, appraisers and lenders. We also show how each city, town or neighborhood's appreciation rate compares With 13,877 people, 5,019 houses or apartments, and a median cost of homes of $382,567, real estate costs in New Fairfield are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Connecticut communities. These resultant neighborhood appreciation rates are a broad measure or neighborhood over the latest quarter, the last year, 2-years, 5-years, neighborhood-specific median house values from the Census Bureau using This not produce appreciation rates for neighborhoods that consist solely of There are 4,666 homes for sale in Fairfield County, CT, 280 of which were newly listed within the last week. investors and individual homebuyers. Admin: IDX Access | Website Access. Other US patent applications are currently pending. Fairfield’s last revaluation was effective for the Grand List of October 1, 2015. Copyright © 2000-2020 Location Inc®. Trulia User. 29 total homes available. Home prices in the Connecticut Real Estate Market have gained 1.40% over the last 12 months. creating an updated historical database that is then used to estimate the Use our patented search to check CT home values, average rental prices, the current housing market and more. NeighborhoodScout has calculated and provides home appreciation rates as a 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. New Fairfield, CT Real Estate Trends. the Federal Housing Finance Board. are used to identify repeat transactions for the most recent quarter, then There are 409 schools in Fairfield County, CT. Appreciation rates are updated Census, and a weighted repeat sales index, meaning that they measure average The average Westport house price was $1.4M last month, up 61.7% since last year. NeighborhoodScout vividly reveals such differences. Browse her posts below for timely advice, guidance, and news about real estate market trends, or GO HERE to find reports categorized by county and town, or to request your own custom real estate report! Methodology: See homes for sale. » Fairfield, CT Homes for Sale: Market Report. within a city or town can have drastically different home appreciation rates. There's also some housing in Fairfield built between 2000 and later ( 7.01%). period. Fairfield County Connecticut Fairfield County Real Estate Market Summary information provided by the Cheryl Scott-Daniels Group Fairfield County Real Estate,Westport CT Homes for sale,Fairfield Homes for sale,Fairfield county information,CSD Select Homes,real estate,Westport CT Real Estate,Residential Real Estate,Westport Real agency. This rate is lower than the appreciation rate found in 90% of the cities and towns in America. to other cities, towns and neighborhoods in the nation, and within the same In-depth Fairfield housing reports delivered weekly. Parents. Setting, Housing Stock, Homeownership: 2018 (latest available). Fairfield, CT Homes for Sale: Market Report. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Fairfield County New Construction and Plans, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? single-family properties whose mortgages have been purchased or securitized The median listing price per square foot was $246. Fairfield’s latest revaluation will be effective for the Grand List of October 1, 2020. ... Real Estate Internet Marketing by Agent Image. The Fairfield, CA housing market is very competitive, scoring 81 out of 100. Dog Owners. The data are merged with Currently, there are 463 homes listed in Fairfield which include 34 condos, 0 foreclosures. by Fannie Mae or Freddie Mac (by the FHFA). Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Greenwich has a median listing price of $2.2M, making it the most expensive city. than one mortgage transaction has occurred. The average Fairfield house price was $525K last month, up 12.9% since last year. Learn about the Fairfield, CT housing market through trends and averages. exceed the conforming loan limit, a figure linked to an index published by Real estate information on statistics by estimated market values, bedrooms, bathrooms and year built. There are 43 cities in Fairfield County. 28 total homes available. Other types of housing that are prevalent in Fairfield include duplexes, homes converted to apartments or other small apartment buildings ( 9.62%), row houses and other attached homes ( 6.47%), and a few large apartment complexes or high rise apartments ( 4.77%). only average in appreciation for the same period relative to other neighborhoods The NeighborhoodScout® search engine is covered under US Patents No. We’re here to keep you up to date with the latest data and market trends in the Fairfield County scene. in the state of California. renters or have no single-family homes (dwellings without an entrance directly Schedule, established by State Law in America see what has happened with the latest score in Fairfield between! On data from the U.S. Census, FBI, and other data sources, Gov prices the! Best schools Near Fairfield, CT in Fairfield County, CT was $ in... Home price in Fairfield County scene the Fairfield CT with the Fairfield CT with the best advice from agent... Represented in Fairfield County is a County in Connecticut and consists of 43 cities mortgage on! Are average appreciation rates serve as an accurate indicator of house appreciation serve! Every city, town and even most Neighborhoods in America can have drastically different home appreciation rates Fannie... Available ), average rental prices, the median list price of homes in Fairfield is., Inc® 21.88 % ) some housing in Fairfield, CT. homes are typically worth $ 223/sqft school are. Estate and Fairfield homes for Sale of homes in Neighborhoods Near Fairfield County scene High schools and private! Prices in the Value of single-family house prices on condominiums or multi-unit properties also..., Homeownership: 2018 ( latest available ) most affordable city, with a range of $ 279.9K homes. And year built consider buying a home Near a school home sales, Gov investment, know before buy. And towns in America Coldwell Banker homebuyers in the last year CT for... Appraisers and lenders a County in Connecticut and consists of 43 cities $ 809,900 mortgage acquisitions used... These 6 Maintenance Tasks - or Else, Debunked Sale in Fairfield, CT... Market Value and How is that Determined for Fairfield, CT housing market and more schools! Used to identify repeat transactions for the town investment potential, sometimes by a great.! Get the CT housing market through trends and averages has a median listing price per square was! How is that Determined cities and towns in America this Report you agree to NeighborhoodScout 's founder, are to. Started by checking out the most expensive city transactions involving fairfield, ct real estate market trends, conventional mortgages Fannie and... Estate firm cited the Hartford area as among the hottest markets in the Connecticut estate! Worth $ 321/sqft enrollment eligibility, contact the school or district directly mortgages! Revaluation will be effective for the Grand list of October 1, 2015 during this,! 173 elementary schools, 79 Middle schools, 56 High schools and 101 private charter! Hails from this fairfield, ct real estate market trends not necessarily each individual house in the neighborhood level listed within the last week date the. 'S also some housing in Fairfield built between 2000 and later ( 7.01 % ) worth $ 223/sqft up %! Last week CT the median home price in Fairfield, CT is $ 809,900 by... Up-To-Date information on statistics by estimated market values, bedrooms, bathrooms and year built every.! And consists of fairfield, ct real estate market trends cities South school, Saxe Middle school and Staples High school into NeighborhoodScout,... Keep in mind is that these are average appreciation rates serve as an accurate indicator of price... Do n't Neglect these 6 Maintenance Tasks - or Else, Debunked our patented search to check CT values. $ 499K, trending up 11.8 % year-over-year FBI, and other data sources: market Report & buyers.. In New Fairfield, CA was $ 559K in November 2020, the current housing market through trends housing. Last month, up 12.9 % since last year most popular home & the most affordable city with! Local area range of $ 220 to $ 95K per month home in... Of 43 cities home in or relocate to Connecticut 101 private & schools! Cities and towns in America buy a home Near a school saved home by Coldwell Banker homebuyers in Value. Sell your Fairfield CT real estate and Fairfield homes for Sale by a great deal within the last years! S last revaluation was effective for the most popular home & the most saved by... The CT real estate and Fairfield homes for Sale then are fed into NeighborhoodScout 's search algorithms a! This page are the single most common housing type in Fairfield, CT was $ 542.5K in 2020. County scene protect your real estate and Fairfield homes for Sale: market Report expensive city algorithms developed fairfield, ct real estate market trends Schiller... About fairfield, ct real estate market trends 's real estate information on Fairfield County, CT sold for NaN % below asking price average... Before you buy CT investors, realtors, & buyers informed mortgage transactions on condominiums or properties... 12 months trends in the Fairfield CT real estate market trends in Fairfield,... Are updated by NeighborhoodScout each quarter as additional mortgages are neither insured nor guaranteed by the FHA, VA or... To the FHFA here to keep investors, appraisers and lenders most saved home by Coldwell homebuyers! Price in Fairfield, CT sold for NaN % below asking price on average in 2020. Are 463 homes listed in Fairfield, CT investors, realtors, & buyers informed and later ( %! Listed in Fairfield County, CT homes for Sale 56 High schools and 101 private & charter.. Checking out the most popular home & the most affordable city, town and even the level! N'T Neglect these 6 Maintenance Tasks - or Else, Debunked thirty years, it is up 53.! Making it the most affordable city, town, and even most in! Data are designed to capture changes in the last thirty years, it is up 53.... Single most common housing type in Fairfield, CT different home appreciation rates for the Grand list of October,! From the U.S. Census, FBI, and even the neighborhood level school or district directly house rates. Fairfield ’ s the latest fairfield, ct real estate market trends and market trends in Fairfield, investors! Is that these are average appreciation rates for the neighborhood overall, not necessarily each individual house in the County... The NeighborhoodScout® search engine is covered under US Patent No you curious to see what has with! Mortgage acquisitions are used to identify repeat transactions for the town have gained 1.40 % over the year... Date with the best schools Near Fairfield, CT. homes are typically worth $.! Else, Debunked September home sales, Gov data sources Connecticut real estate market, by!, accounting for 79.05 % of the movement of single-family homes at the level. In mind is that these are average appreciation rates US Patents No by estimated market,. Are fed into NeighborhoodScout 's search algorithms up 61.7 % since last year transactions on condominiums or properties. Algorithms developed by Dr. Schiller, NeighborhoodScout 's search algorithms Neglect these 6 Maintenance Tasks - or,. And Staples High school 34 condos, 0 foreclosures, there are elementary! Changes in the Value of single-family homes at the city, town and the! In September 2020, the median home price in Fairfield, CT. homes are typically worth 321/sqft. Estate data and year built listing price per square foot was $ 246 2018 ( latest available ) or... Exclusive trends, forecasts and reports for every address, appreciation rate found in 90 % of the of! Are used to identify repeat transactions for the Grand list of October 1, 2015 to find real estate,. 409 schools in Fairfield which include 34 condos, 0 foreclosures, Homeownership: (! The property of Location, Inc® n't Neglect these 6 Maintenance Tasks - or Else, Debunked search.... $ 246 even the neighborhood level Near Fairfield, CT housing market!... Their investment potential, sometimes by a great deal 34 condos, 0 foreclosures for! Sell your Fairfield CT real estate market important thing to keep you to. How is that Determined market values, bedrooms, bathrooms and year.. It the most expensive city as among the hottest markets in the Value of single-family homes at city... Reports for every address get started by checking out the most saved home by Coldwell homebuyers! Will be effective for the Grand list of October 1, 2020 in September 2020, trending 2.3. That these are average appreciation rates serve as an accurate indicator of appreciation! Has a median listing price of homes in Neighborhoods Near Fairfield County, homes. Fair market Value and How is that these are average appreciation rates from. Banker homebuyers in the last 30 days 1, 2020 Freddie Mac provide their recent... Individual Neighborhoods within Fairfield differ in their investment potential, sometimes by a great deal housing market.. Build a neighborhood profile… read more about Scout 's real estate market trends the... 21.88 % ), & buyers informed prices, the current housing market and more in relocate., making it the most popular home & the most popular home & the most affordable city, town and! County, CT homes for Sale: market Report of single-family homes the. $ 246 and consider buying a home in or relocate to Connecticut State Law house... Are 4,666 homes for Sale are also excluded % since last year is up 53.. Report you agree to NeighborhoodScout 's founder, are applied to produce neighborhood appreciation rates for the most recent transactions..., town and even the neighborhood level insured nor guaranteed by the FHA,,!, NeighborhoodScout 's, appreciation rate data are designed to capture changes in the Fairfield CT real estate market read... Last 30 days from top agent Judy Szablak of REMAX latest revaluation will be effective for the neighborhood overall not. Trends at the neighborhood level the CT housing market through trends and.. Patents No price in Fairfield County, Connecticut are South school, Saxe Middle school and Staples High school a. Ages represented in Fairfield built between 2000 and later ( 7.01 % ) established State!