The median home value in Fairfield, IA is $172,500.
This is
higher than
the county median home value of $158,700.
The national median home value is $338,100.
The average price of homes sold in Fairfield, IA is $172,500.
Approximately 49.56% of Fairfield homes are owned,
compared to 37.04% rented, while
13.4% are vacant.
Fairfield real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Fairfield real estate agent to arrange a tour today!
Investors special--this triplex can bring in $2000 a month in rental income! Apt A downstairs is rented for $700 a mos and B (vacant) is $525/mos and C is $500/mos currently=$1725/mos. Apt B is vacant and C and A are rented on a month to month basis. With a little elbow grease, these roomy bright apts have great potential and many charming features! Separate water & electricity meters for each apt but new furnace provides heat for whole house & is split three ways --to keep your tenants toasty warm! This corner lot property at Hempstead & 5th has mature trees --3 pear trees and a White Pine which add natural charm-plenty of room here to build a custom garage! Recent updates include new vinyl plank flooring in Apt C upstairs, while Apt B has new vinyl kitchen flooring. Exterior of the home & the wrap around deck have been completely painted in 2024. This is something you should definitely consider if you are looking for a great investment --schedule your tour today!
Be sure to include this east-facing commercial building visible from Highway 34 & fronting Highway 1. Many opportunities for you to consider. Main level is currently home to a restaurant & features an entry area, dining area (seating 65-70), serving area/register area, kitchen, storage area, & bathrooms. The upstairs includes potential for a two to three bedroom apartment (would need a kitchen) or as an office space. The basement offers much storage as well. Public parking available with plenty of off-street parking & across from municipal parking lot.
Be sure to consider this home built in 2005 and sitting in the heart of Abundance EcoVillage. With a completely open concept & vaulted ceilings the natural light streams in from every direction. Many recent updates include: new walkway to front of home, sanding down interior walls & applying a new coating of clay plaster throughout, installed gutters, applied a DriVit stucco system to the exterior walls, sanded & painted fascia boards & replaced any fascia boards if needed together with any flashing & roof tiles replaced, installed baseboards & molding. If you are looking for a home to also call your retreat this home will check those boxes. You will feel right at home.
Discover the potential of this charming two-story home nestled in the heart of Fairfield, Iowa. With its classic craftsmanship, including natural woodwork, built-ins, and timeless details, this property is brimming with possibilities for restoration or customization. Step inside to a spacious living area featuring a cozy brick fireplace and large windows, bringing in an abundance of natural light. The elegant staircase in the entryway serves as a striking focal point, complemented by intricate wood trim and vintage charm. The formal dining room offers plenty of space for entertaining. Ideal for investors, flippers, or buyers seeking a project home, this residence is waiting for your vision. Bring this gem back to life and enjoy the character of a historic home paired with modern touches.
Calling all investors and visionaries! This one-of-a-kind circular duplex, located on a quiet street just steps away from the university, is brimming with potential. Featuring a distinctive domed roof with wood shingles, this property offers a rare architectural canvas for creative minds. The upper unit spans two levels, boasting 3 bedrooms and 2 bathrooms, while the lower garden unit provides 2 bedrooms and 1 bathroom. With central air and heat, this property is ready to be reimagined into a dynamic rental property or an unforgettable Airbnb. While the home requires work, its unique design and unbeatable location make it a prime candidate for transformation. Imagine restoring this property into a modern rental gem or a show-stopping vacation destination. Ready for your vision, this duplex presents a rare chance to create something truly special. Don't miss the opportunity to capitalize on its proximity to the university and quiet charm.
Great family home or investment property with income potential located in the heart of Fairfield. Newly painted exterior and interior. The main floor has a large living room, dining area and open kitchen, a full and half bathroom. There are three bedrooms, one with a large walk-in closet, complete with built in shelving. The lower level has an open living room and kitchen with appliances. There are two spacious bedrooms, a full bathroom and plenty of storage closets. This property would be a great home for someone who loves having guests while giving them their own space or looking for additional income!
One level side by side duplex within a short distance from the Fairfield Loop Trail and Jefferson County Health Center. This property features two units, each with two bedrooms, full bath, living room and an eat-in kitchen. Each unit has single car garage, laundry closet and separately meter for gas/electric and water. Appliances included. Owner is licensed real estate agent in the State of Iowa.
OFFER ACCEPTED. A FULL BATHROOM ON EACH FLOOR. MAIN LEVEL BEDROOM in this cute well-priced home. Hardwood floors. Roof about 15 years old needs some TLC on east side. W Jefferson is less traveled as it tees into S 4th. Utility room next to eat-in kitchen. Walk in storage closet area upstairs. Back yard has fenced dog paddock and dog flap from kitchen, access from city alley for potential garage or carport.
PRIME LOCATION for your next venture! Opportunity for redevelopment of station or an entirely new use. This commercial property presents incredible potential for entrepreneurs and investors looking to develop in Fairfield, IA. Located on the busy corner of Burlington Avenue and 4th Street, in the heart of town, this location has immense exposure. Building is solar equipped. Its spacious lot and strategic location make it an ideal choice for retail, automotive services, or new development.
Many updates made to this 2 bd/1 bath home including the layout of the kitchen and living room area by removing the shared wall and installing an eat at island. The bathroom was enlarged and enclosed to incorporate a shower/tub, sink and toilet. Adjacent to the office/sitting room. Just beyond is the large master bedroom with closet. 2nd bedroom adjoins the living room. As you enter the home from either the front or the back, the side porch can accommodate your shoes, coats and things to drop at the door; Access to the basement. The large detached garage has two stalls and rear workshop space. The current owner installed a privacy fence as well as a short fence to hold pets, etc. Exterior painted, new front porch and rear hand railing plus many more great features.
Cozy, clean and well cared for home on large corner lot of W Depot and N 8th Street. East entrance. Main level features bedroom, living room, kitchen and full bath. Loft area, accessed by angled ladder, offers two additional rooms that could possibly serve as bedrooms for older kids, or hobby space. Lots of light. Kitchen remodeled with new fridge and electric glass top stove. Dishwasher and plenty of cabinets. Washer/dryer in bathroom. Shed with lean-to attached for more storage and workshop potential.
Charming home with a blend of comfort and convenience, located close to schools and local parks. Step inside to find an open, light filled layout with modern finishes throughout. Spacious living room features large windows that fill the space with natural light, creating a warm and inviting atmosphere. The updated kitchen boasts stainless steel appliances, ample cabinetry, and convenient dining area, ideal for both casual meals and entertaining. Primary bedroom includes a walk in closet and private access to rear deck providing a peaceful retreat. Two additional cozy bedrooms that are efficient in maximizing comfort and functionality, each with ample closet space. Spa like transformation in the bathroom with newer flooring, vanity top and light fixture. Adaptable lower level space with an additional bedroom and endless possibilities for a family/rec room, home office, home gym or guest suite to include a wood burning fireplace promoting an inviting warmth for special gatherings. Lower Level bath ensures guests have their own private space along with well placed laundry completing this level with a practical solution to keeping main area living clutter free. Large sought after garage is a versatile space that can accommodate two cars plus ample storage or a workshop. A fantastic opportunity to own a move-in ready home!
39.44 acres, m/l, located 5½ miles northeast of Fairfield, Iowa on the south side of 159th Blvd. This farm has 5.93 FSA/Eff. crop acres and 26.68 CRP acres with a CSR2 of 37.60. There are 26.68 CRP acres enrolled in three CRP contracts. There are 23.61 acres enrolled in a CP-25 contract that pays $6,433.00 annually and expires 9/30/2031. There are 2.45 acres enrolled in a CP-21 contract that pays $519.00 annually and expires 9/30/2026. There are 0.62 acres enrolled in a CP-1 contract that pays $141.00 annually and expires 9/30/2027. This is a recreational property located northeast of Fairfield, Iowa. The CRP acres provide over $7,000 in annual income and provide incredible habitat for pheasants. Seller has an additional tract of land for sale located directly north of this property. See additional listing for details.
72.50 acres, m/l, located 5½ miles northeast of Fairfield, Iowa on the north side of 159th Blvd. This farm has 66.74 FSA/Eff. crop acres with a CSR2 of 66.70. This is a productive Jefferson County farm located northeast of Fairfield, Iowa. Seller has an additional tract of land for sale located directly south of this property. See additional listing for details.
2 Bedroom condo unit located in Virginia Garden Condos. HOA and Covenants apply. This conveniently located condo is close to downtown, schools and other local amenities. 2 bedrooms/1 bath, coin operated laundry in building is shared. Unit can be owner occupied or purchased as an investment opportunity (Ask your agent about additional units to purchase as a package).
2 Bedroom condo unit located in Virginia Garden Condos. HOA and Covenants apply. This conveniently located condo is close to downtown, schools and other local amenities. 2 bedrooms/1 bath, coin operated laundry in building is shared. Unit can be owner occupied or purchased as an investment opportunity (Ask your agent about additional units to purchase as a package).
2 Bedroom condo unit located in Virginia Garden Condos. HOA and Covenants apply. This conveniently located condo is close to downtown, schools and other local amenities. 2 bedrooms/1 bath, coin operated laundry in building is shared. Unit can be owner occupied or purchased as an investment opportunity (Ask your agent about additional units to purchase as a package).
2 Bedroom condo unit located in Virginia Garden Condos. HOA and Covenants apply. This conveniently located condo is close to downtown, schools and other local amenities. 2 bedrooms/1 bath, coin operated laundry in building is shared. Unit can be owner occupied or purchased as an investment opportunity (Ask your agent about additional units to purchase as a package).
2 Bedroom condo unit located in Virginia Garden Condos. HOA and Covenants apply. This conveniently located condo is close to downtown, schools and other local amenities. 2 bedrooms/1 bath, coin operated laundry in building is shared. Unit can be owner occupied or purchased as an investment opportunity (Ask your agent about additional units to purchase as a package).
Rare investment and business space opportunity! Beautifully renovated Business space is a fantastic find with the location lending itself to be very easily accessible and visual; close to retail, restaurants and other busy thoroughfares! Flexible by leasing out all spaces or for your own use while garnering income from remaining En Suites. There are 4 separate En Suites each with stair and ramp accesses as well as parking to accommodate your tenant and client needs. Plentiful parking in the front of the building as well as in the rear which includes secondary entrances to each En Suite space. All four units currently and independently occupied (Ensuite #1 will be vacant & available Dec. 1, 2024). Each ensuite is separately connected to utilities. Signage at street is provided by the owner for each individual space/tenant. All units include individual office space, some with reception areas, individual private bathrooms and some open areas as well. The basement is accessed through the rear shared hallway and consists of poured concrete foundation installed by the current owners; features wide open space that can be utilized by owner or any occupant; per their individual needs. All systems and spaces have been updated; some custom to needs of tenants. Current leases/tenants' rights will convey. So many great details to share and see, too many to adequately describe here. Please schedule your tour today! 24 Hour notice for each space is required! Qualified Buyers Only.
Wonderful open layout perfect for entertaining. Custom kitchen complete with granite countertops, movable island, large dining room with upgraded lighting, and a formal family room plus living room, all with gorgeous hard wood floors. A large primary suite on the main floor with 2 closets. Upstairs you will find a big open room perfect for a playroom with 2 spacious bedrooms Walk -in from the backdoor to a great sized mud and laundry room. Fenced-in backyard and detached 2 car garage.
Located in Lakeview Estates on 1/2 acre with 4,700 sq ft of living space available. Recently remodeled kitchen with a five-burner stovetop, double oven, ample counters, pantry, dining space & French door to covered porch area. Great living room space could accommodate additional dining. Nice front tiled entry accentuating the front staircase. The main level is complete with a room that could be your mudroom or could be an office and includes a connecting 3/4 bath & main-level laundry. With a front & a back staircase you can easily access the bedroom areas. Back staircase ascends from the kitchen area & leads to an open space perfect for an office or reading area---from there you can go to the third level showcasing an open space for your own use. Second level continues with a primary bedroom w/ vaulted ceiling, walk-in closet & larger-than-most bath with sink, whirlpool tub, step in shower & space to spare. Potential second primary bedroom is adjacent or use as you please. Two additional bedrooms with a full bath in their own cove provide some privacy for all---this completes the second level. Surprise back 24'x30' suite could be your own private office, hobby space, or extra bedroom space. Two-car attached garage, parking, mature trees & much more.
Sweet and cozy Maharishi Vastu home on the auspicious northeast corner of Mandala One Village, Maharishi Vedic City's most desired neighborhood. Barely lived in so it's like new! Surrounded by open space and trees, a very private location with plenty of room to build a garage if desired. Pollution free heating and air conditioning with in-floor heating and mini split air conditioners to avoid a dusty duct system. Whole house water purifier and radon mitigation. Lots of light with tall Brahmasthan, large windows and lovely paved patio area overlooking the yard and the adjoining vacant lot. Plenty of storage in the kitchen and throughout the home. Like new refrigerator, range, dishwasher, washer/dryer included. Friendly neighborhood connected to walking trails throughout Maharishi Vedic City, and right next door to the Raj Ayurvedic Health Center!