New - 13 hours on RocketVideo tour
$7,268 Closing Credit¹
#2501163, Amy Bishop, Listing Office: RE/MAX CONCEPTS
Fairfax Township Housing Market Report January 2025•Linn County, Iowa
Housing Prices in Fairfax Township, IA
How much do homes in Fairfax Township, IA cost?
Housing Market Conditions
Is Fairfax Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairfax Township is a Buyer's Market
Difference Since January 2024
At the same time last year, Fairfax Township was a Seller's Market.
Insight
Fairfax Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$315,000$158/SqFt
+$20,800
+7.1%
Based on all homes sold in the last 12 months
Insight
Homes in Fairfax Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Fairfax Township was $315,000 in January 2025, up 7.1% from last year, and the median price per square foot was $158.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Clinton Township | $124K | $134K | +8.1% |
| Fairfax Township | $294.2K | $315K | +7.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $125K | - | N/A |
| 22 Bedrooms | $253.4K | $245K | -3.3% |
| 33 Bedrooms | $252.7K | $325K | +28.6% |
| 44 Bedrooms | $400.2K | $330K | -17.6% |
| 55+ Bedrooms | $505K | $441.5K | -12.6% |
Summary: Fairfax Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.3%. The home price for 3 bedroom homes increased by +28.6%. The home price for 4 bedroom homes decreased by -17.6%. The home price for 5 bedroom homes decreased by -12.6%.
Housing supply in Fairfax Township, IA
How many homes are available in Fairfax Township, IA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthJan 2025 | ||
| 192 months agoDec 2024 | -15.8 % Change MoMDec – Jan |
Summary: The Fairfax Township real estate market had 16 homes for sale in Jan 2025, a 15.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 4 | -33.3% |
| 33 Bedrooms | 3 | 3 | 0.0% |
| 44 Bedrooms | 3 | 1 | -66.7% |
| 55+ Bedrooms | 7 | 8 | +14.3% |
Summary: Fairfax Township 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 decreased by -33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in Fairfax Township, IA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Fairfax Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Fairfax Township in January 2025, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Fairfax Township, IA
How long does it take to sell a home in Fairfax Township, IA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Fairfax Township has remained consistent over time.
Summary: During January 2025, 2 homes were sold in Fairfax Township; 0% of homes were sold within 30 days, 100% 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 |
|---|---|---|
| 50 DaysThis YearJan 2025 | ||
| 33 Days1 year agoJan 2024 | +49.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Fairfax Township had an average listing age of 50 days in Jan 2025, up by 49.6% compared to the previous year.
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Newest Listings in Fairfax Township, IA
What homes are available in Fairfax Township, IA?
New - 4 days on RocketVideo tour
$3,859 Closing Credit¹
#2501010, Joy Seyfer, Listing Office: SKOGMAN REALTY
3D tour
$6,947 Closing Credit¹
#2500967, Jeff Dill, Listing Office: LEPIC-KROEGER, REALTORS
$3,799 Closing Credit¹
#2500850, Jeremy Trenkamp Real Estate Team, Listing Office: COLDWELL BANKER HEDGES CORRIDOR
Video tour
$7,422 Closing Credit¹
#2500365, Wendy Votroubek, Listing Office: SKOGMAN REALTY
Video tour
$6,519 Closing Credit¹
#2407971, Melissa Redinbaugh, Listing Office: Pinnacle Realty LLC
Video tour
$7,101 Closing Credit¹
#2407963, Mark Prahm, Listing Office: RE/MAX CONCEPTS
$2,374 Closing Credit¹
#2405966, Autumn Wood, Listing Office: SKOGMAN REALTY
$4,630 Closing Credit¹
#2407080, Tami Timm, Listing Office: COLDWELL BANKER HEDGES
Video tour
$2,671 Closing Credit¹
#2406239, Kenneth Nye, Listing Office: IOWA REALTY
Video tour
$6,828 Closing Credit¹
#2406013, Maggie McCarthy, Listing Office: SKOGMAN REALTY
Video tour
$5,759 Closing Credit¹
#2406012, Maggie McCarthy, Listing Office: SKOGMAN REALTY
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MLS Disclaimers and Copyright
Based on information from Cedar Rapids MLS, for the period 02/01/2023 - 02/01/2025
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX 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. Information Is Believed To Be Accurate But Not Guaranteed. Copyright 2025 Cedar Rapids Area Association of REALTORS®. 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: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.