New - 1 day on RocketVideo tour
$238 Closing Credit¹
Leanne Townsend, Listing Office: Keller Williams Realty Vestavia
Fairfield Housing Market Report December 2024•Jefferson County, Alabama
Housing Prices in Fairfield, AL
How much do homes in Fairfield, AL cost?
Housing Market Conditions
Is Fairfield, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairfield is a Buyer's Market
Difference Since November 2024
Last month, Fairfield has remained a Buyer's Market.
Insight
Fairfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$90,000$63/SqFt
+$16,500
+22.4%
Based on all homes sold in December 2024
Insight
Homes in Fairfield have sold for 22.4% more than they did a month ago.
Summary: The median home sold price in Fairfield was $90,000 in December 2024, up 22.4% from last month, and the median price per square foot was $63.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Birmingham | $229.9K | $305K | +32.7% |
| Fairfield | $73.5K | $90K | +22.4% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $25K | - | N/A |
| 33 Bedrooms | $103K | $90K | -12.6% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Fairfield housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -12.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Fairfield, AL
How many homes are available in Fairfield, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 36Last MonthDec 2024 | ||
| 322 months agoNov 2024 | +12.5 % Change MoMNov – Dec |
Summary: The Fairfield real estate market had 36 homes for sale in Dec 2024, a 12.5 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 42 months agoNov 2024 | +25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 5 | 0.0% |
| 33 Bedrooms | 24 | 27 | +12.5% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Fairfield housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Fairfield, AL cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Fairfield, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Fairfield in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and and 20% were sold over asking.
Days on Market for Fairfield, AL
How long does it take to sell a home in Fairfield, AL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Fairfield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Fairfield; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 74 DaysLast MonthDec 2024 | ||
| 67 Days1 month agoNov 2024 | +9.8 % Change MoMNov – Dec |
Summary: Homes in Fairfield had an average listing age of 74 days in Dec 2024, up by 9.8% compared to the previous month.
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Newest Listings in Fairfield, AL
What homes are available in Fairfield, AL?
New - 2 days on RocketVideo tour
$1,281 Closing Credit¹
Bart Stanley, Listing Office: Home Team Realty
$1,424 Closing Credit¹
Steven Hayden, Listing Office: eList Realty
Video tour
$1,247 Closing Credit¹
Shannon Malcom, Listing Office: EXIT Realty Birmingham
Backup offersVideo tour
$1,424 Closing Credit¹
Tahira Khadair, Listing Office: New Image Realty
Video tour
$2,458 Closing Credit¹
Kerri Wallis, Listing Office: RE/MAX Advantage South
Video tour
$1,425 Closing Credit¹
Jared Fagan, Listing Office: eXp Realty, LLC Central
Video tour
$1,483 Closing Credit¹
Robert Salmons, Listing Office: Entera Realty LLC
$949 Closing Credit¹
Walker Musso, Listing Office: Keller Williams Realty Vestavia
Video tour
$2,494 Closing Credit¹
Anthony Chappell, Listing Office: Battle Realty & Company
Jeffree Wynn, Listing Office: Alabama Realty Brokers III
$889 Closing Credit¹
Walker Musso, Listing Office: Keller Williams Realty Vestavia
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, and West Alabama Multiple Listing Service for the period 11/01/2024 - 01/01/2025
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 8:16:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 8:16:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.