Fairfield, CA 94534 Real Estate Market Report

ZIP Code: 94534
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Fairfield, CA as of April 2026 is characterized by a median sold price of $699,000, reflecting a stable market with slight appreciation trends. The neighborhood has increased 15% since 2023, indicating a positive trajectory in property values. Despite this growth, the market is experiencing elevated inventory levels, which may suggest a shift in buyer dynamics as sellers adjust their expectations in response to current market conditions.

Transaction activity remains moderate, with properties spending a notable 252 days on market on average. This extended time frame may indicate slower sales velocity, contributing to a competitive environment where buyers are discerning. The median listing price stands at $949,900, which creates a significant pricing gap compared to the sold price, potentially leading to pricing friction as sellers navigate the realities of buyer sentiment and market demand.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Fairfield, CA are averaging 6.38%, which is 0.29% higher than the 6.09% average seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $699,000 is the current median sold price, reflecting a stable market with slight appreciation trends.

2. The market has seen a 15% increase since 2023, indicating a positive trajectory in property values.

3. Properties are spending an average of 252 days on market, suggesting slower sales velocity and potential pricing friction.

4. The median listing price of $949,900 creates a significant gap compared to the sold price, which may lead to adjustments in seller expectations.

5. Rental demand remains strong, with a median market rent of $4,410, indicating robust interest in rental properties.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.