Fairfield, CA 94534 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The most reliable market indicator is the median sold price of 648,129, which reflects recent transaction activity and supports the view that prices are showing modest strength with a up price trend.
2. There is a notable gap between the 860,000 median listing price and the median sold price, which suggests seller expectations exceed recent transaction levels and may indicate pricing friction between asking and achieved prices.
3. The market shows slower liquidity with a median days on market of 280, which appears to reflect slower sales velocity rather than conclusively weak demand.
4. Market balance is effectively neutral with a neutral market temperature and moderate interest rate pressure—current 30-year fixed mortgage rates are averaging 6.5%—which together support stable pricing dynamics rather than a sharp directional shift.
5. Rental conditions are strengthening: the median market rent of 2,697 and an up rent year-over-year trend point to continued landlord pricing power and rising rent demand.

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.