A typical Fairfax home is worth roughly $295,000
Home prices around Fairfax have risen about 67% over the past 5 years.
What kind of housing town is Fairfax?
Read from the numbers below. The page puts what stands out first.
A typical home costs 9.7 years of income
More than across California (7.7 years). Try your own numbers below.
That’s $181K short of a typical Fairfax home.
A two-bedroom rents for about $1,390 a month here, $430 less than owning.
How Fairfax ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fairfax’s typical property tax (1.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 67% in 5 years
The federal house price index for the ZIP code around Fairfax rose 67% over the past 5 years, faster than across California (40%). Last year prices rose 2.9%. Carrying the Census median home value forward with that index puts the typical Fairfax home at roughly $295,000 today.
Carrying the Census median forward with the index puts a typical home at about $295K.
How Fairfax ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fairfax, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,390
Renters already here pay a median of $1,407.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bakersfield-Delano, CA MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
52% of Fairfax households own their home
Half of Fairfax’s homes were built before 1971.
California: 56% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Fairfax vs. its neighbors
The towns that share a border with Fairfax. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Fairfax | $295K* | +2.9%† | $1,390 | — | $30,417 |
| Bakersfield | $388K | −0% | $1,780 | 1,648 | $80,540 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Fairfax buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.