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Fairfield, IA Real Estate


According to census data in the year 2000 there were 4,437 housing units in Fairfield. This represents a 8.6% growth from 4,087 in 1990.

Of those housing units, 4,347 were located in either urbanized areas or urban clusters, and 90 were located in what is classified as a rural area.

Homeownership rate in Fairfield is about 59.3%. Fairfield's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Fairfield were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.50%
Two Bedrooms34%
Three Bedrooms34.10%
Four Bedrooms12.10%
Five Bedrooms or more4.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1957
Median Value of occupied units$73,200
Median Price asked for vacant units$59,000

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1961
Median Monthly Rent asked for vacant units$312

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.60%
Home Equity Loan2.80%
Simple Mortgage55.60%
Debt Free37%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%