#24075646, Cory Neumann, Listing Office: Houlihan Lawrence
New Fairfield Housing Market Report January 2025•Fairfield County, Connecticut
Housing Prices in New Fairfield, CT
How much do homes in New Fairfield, CT cost?
Housing Market Conditions
Is New Fairfield, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Fairfield is a Seller's Market
Difference Since January 2024
Since last year, New Fairfield has remained a Seller's Market.
New Fairfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in New Fairfield have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in New Fairfield was $539,450 in January 2025, up 7.9% from last year, and the median price per square foot was $258.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Brookfield | $500K | $557K | +11.4% |
New Milford | $419.6K | $457.3K | +9.0% |
New Fairfield | $500K | $539.4K | +7.9% |
Danbury | $425K | $449.5K | +5.8% |
Patterson | $440K | $400K | -9.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $240K | $344.9K | +43.7% |
22 Bedrooms | $412.5K | $415K | +0.6% |
33 Bedrooms | $485K | $525K | +8.2% |
44 Bedrooms | $642.3K | $695K | +8.2% |
55+ Bedrooms | $880K | $870K | -1.1% |
Summary: New Fairfield housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +43.7%. The home price for 2 bedroom homes increased by +0.6%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes decreased by -1.1%.
Housing supply in New Fairfield, CT
How many homes are available in New Fairfield, CT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
54Last MonthJan 2025 | ||
442 months agoDec 2024 | +22.7 % Change MoMDec – Jan |
Summary: The New Fairfield real estate market had 54 homes for sale in Jan 2025, a 22.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthJan 2025 | ||
42 months agoDec 2024 | +250.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 8 | 9 | +12.5% |
33 Bedrooms | 14 | 20 | +42.9% |
44 Bedrooms | 19 | 21 | +10.5% |
55+ Bedrooms | 1 | 2 | +100.0% |
Summary: New Fairfield housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes increased by +42.9%. The inventory for 4 bedroom homes increased by +10.5%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in New Fairfield, CT cost?
Over Asking Price8 Homes
At Asking Price0 Home
Under Asking Price6 Homes
If you're buying a home in New Fairfield, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in New Fairfield in January 2025, up by 250.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 0% were sold at asking, and and 57% were sold over asking.
Days on Market for New Fairfield, CT
How long does it take to sell a home in New Fairfield, CT?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days3 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in New Fairfield has remained consistent over time.
Summary: During January 2025, 14 homes were sold in New Fairfield; 0% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
66 DaysThis YearJan 2025 | ||
58 Days1 year agoJan 2024 | +14.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in New Fairfield had an average listing age of 66 days in Jan 2025, up by 14.9% compared to the previous year.
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Newest Listings in New Fairfield, CT
What homes are available in New Fairfield, CT?
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MLS Disclaimers and Copyright
Based on information from SmartMLS, and OneKey MLS for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/21/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.