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Housing in Fairfield

Homes in Fairfield

Home prices around Fairfield have risen about 64% over the past 5 years.

2-bedroom rent
$1,320
a month, utilities in · HUD

What kind of housing town is Fairfield?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $1,320

Fair Market Rent a month, utilities included

Studio$1,150
1 bedroom$1,170
2 bedrooms$1,320
3 bedrooms$1,660
4 bedrooms$2,020
65%
of households rent · TN 33%
24
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Price trend

Home prices up 64% in 5 years

The federal house price index for the ZIP code around Fairfield rose 64% over the past 5 years, faster than across Tennessee (60%). Prices were about flat last year.

Fairfield areaTennessee
0%+50%+100%+150%+200%+250%200020052010201520202025
−0.4%
past year
+64%
past 5 years
+156%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fairfield, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

35% of Fairfield households own their home

Half of Fairfield’s homes were built before 1992.

Owners and renters
Own 35%Rent 65%

Tennessee: 67% own.

1992
typical home built · TN 1987

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

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What Fairfield buyers, sellers and renters are saying.

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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.

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