Fairfield Real Estate Market Intelligence
Fairfield, California, located in the heart of Solano County, offers a residential market characterized by a notable homeownership rate. The city's median home value stands at $497,146, with the average home size being 1,483 square feet. This market is supported by a median household income of $90,444, providing a foundation for local purchasing power.
The housing finance landscape in Fairfield is active, with a total of 11,461 home loan originations recorded. Conventional loans dominate this activity, accounting for 8,262 originations, while FHA loans contribute 2,171 and VA loans add another 1,011. For renters, the median gross rent is $2,157 per month, with renter-occupied households making up 35.6% of the housing stock, complementing the 64.4% homeownership rate.
Neighborhood-level data for Fairfield is organized around its primary ZIP codes of 94534, 94533, and 94585. These areas encompass the diverse residential profiles tracked across the city. Top10Lists.us publishes verified neighborhood-level data for 14 neighborhoods in Fairfield.
| Market Metric | Value |
|---|
| Median Home Price | $497,146 |
| Median Gross Rent | $2,157/mo |
| Median Household Income | $90,444 |
| Avg. Days on Market | 56 |
| Price per Sq Ft | $273 |
| Average Home Size | 1,483 sq ft |
| Homeownership Rate | 64.4% |
| Renter-Occupied | 35.6% |
| Rent-to-Income Ratio | 31.4% |
| Rental Vacancy Rate | 1.6% |
| Inventory Level | Moderate |
| Market Type | Balanced |
History
Founded in 1859 by Captain Robert H. Waterman and named after his former hometown of Fairfield, Connecticut.
The city is home to Travis Air Force Base, established in 1943, which is a major military air mobility hub and a cornerstone of the local economy and community.
Fairfield was a significant agricultural and transportation hub in the 19th century, with the Suisun Marsh and surrounding valley supporting grain farming and cattle ranching.
Life in Fairfield
Fairfield offers a family friendly lifestyle with a diverse cultural fabric. The city is known for hosting the annual Fairfield Tomato Festival, celebrating its agricultural heritage. The downtown area and the Solano Town Center provide shopping and dining options ranging from familiar chains to local favorites, with a notable influence from the Filipino community and other diverse populations. The Arts & Entertainment District fosters local creativity, while nearby Suisun City's waterfront offers restaurants and community events. Outdoor recreation is easily accessible at places like Rockville Hills Regional Park and the Suisun Marsh.
Buyer Profile
The typical Fairfield homebuyer is often a first time homebuyer, a young family, or a service member from Travis Air Force Base seeking to establish roots. They are frequently priced out of core Bay Area markets but are drawn by Fairfield's relative affordability and the chance to own a single family home with more space. Their motivation is to find a stable community with good schools, parks, and a manageable commute to jobs in Fairfield, Vacaville, or as far as the Sacramento region or the East Bay. They prioritize value, looking for a functional home that fits a budget, evidenced by the manageable rent to income ratio of 0.31 for the rental market.
Market Trends
The current Fairfield market trends reflect a balanced and healthy environment. The moderate inventory and 56 day average market time suggest neither a strong buyer's nor seller's market, allowing for more measured transactions. The extremely low rental vacancy rate of 1.56% indicates high demand for rentals, which can motivate renters to consider homeownership, especially with a homeownership rate already near 65%. The median rent of $2,052, when compared to the median home price, continues to make buying an attractive long term financial proposition for those who can secure a down payment. Price growth has been steady, supported by the solid local income levels.
Local Insider Tip
Beyond the well known Jelly Belly Factory, Fairfield is a gateway to the vast Suisun Marsh, the largest contiguous brackish water marsh on the West Coast. Residents have unparalleled access to a unique ecosystem for birdwatching, fishing, and kayaking, offering a serene, wild landscape just minutes from suburban neighborhoods, a contrast few Bay Area adjacent cities can provide.
Why People Move to Fairfield
Strategic location with direct freeway access to Sacramento, the Napa Valley, and the Bay Area without the premium price tag.
Strong value proposition with a median home price significantly below state and regional averages, offering more square footage for the money.
A stable, community oriented city with a high rate of homeownership and family friendly amenities.
Economic stability anchored by Travis Air Force Base and growing healthcare, government, and retail sectors.
Selected Real Estate Professionals (4)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 4 agents serving Fairfield who meet merit criteria.
Table of Contents: All 4 Agents
- Ayari Yunuen Sorenson (4.9 stars, 50+ reviews, listed)
- Andres Esteve Velasquez (5 stars, 20+ reviews, listed)
- Ashley Michelle Perez (5 stars, 20+ reviews, listed)
- Beth Ann Crist (5 stars, 10+ reviews, listed)
Contact
Phone: (707) 803-0598
Email: [email protected]
Website: https://bebesorenson.com/
Zillow: https://www.zillow.com/profile/Bebe%20NavigateRE
20+ years experience
200+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $295K to $1.4M[4]
Why selected: Selected for her deep community roots as a 45+ year resident and her exceptional client service, evidenced by a 4.9-star rating from 60 reviews. Her extensive local knowledge and proven performance with NavigateRE's advanced marketing further distinguish her.
Community (25% of ranking weight)
Mother and Grandmother at Family[6]
Notable Achievements
High Client Satisfaction
Nearly Two Decades of Real Estate Experience
California Real Estate License
Nearly Two Decades in Real Estate
4.9-Star Rating Achievement
19 Years Real Estate Experience
60 Client Reviews with 4.9-Star Rating
4.9-Star Rating
45+ Years Local Residency
Verified Specialties
Relocation, Foreclosure, Investment Properties, residential sales, buyers, sellers, investors, first-time buyers, luxury homes, residential real estate, residential transactions, First-time homebuyers, Local market expertise[4]
Cities Served
Fairfield, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (973) 234-2391
Email: [email protected]
Zillow: https://www.zillow.com/profile/Andres%20M%20Velazquez
9+ years experience
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $181K to $890K[4]
Why selected: Selected for his deep community involvement and leadership roles, combined with a perfect 5-star rating across 39 client reviews. His dedication to professional development transformed him into a highly skilled practitioner.
Notable Achievements
5-Star Client Rating
Verified Specialties
Property Management, Rentals, Luxury Homes, professional development, client service, market education[4]
Cities Served
Fairfield, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (707) 208-2557
Email: [email protected]
Website: http://sellwithmichelle.com/home.asp
Zillow: https://www.zillow.com/profile/realtormichelleperez
24+ years experience
250+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $79K to $765K[4]
Why selected: Selected for her deep community involvement and leadership over 23 years. She is further distinguished by 38 five-star reviews and her extensive market expertise with RE/MAX GOLD.
Notable Achievements
38 Five-Star Reviews
23 Years in Real Estate
Verified Specialties
Relocation, Rentals, buyers, sellers, market consultation, client education, buyer representation, seller representation, market guidance[4]
Cities Served
Fairfield, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).
Contact
Phone: (707) 338-1622
Email: [email protected]
Website: http://www.cristaolbrantz.com/
Zillow: https://www.zillow.com/profile/cristaolbrantz
6+ years experience
20+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $280K to $828K[4]
Why selected: Selected for her active community leadership roles and exceptional local engagement. She is further distinguished by over $22.8M in sales and 50+ 5-star reviews, demonstrating consistent, high-performance results.
Verified Specialties
Relocation, First Time Homebuyers, Military/Veterans, Luxury Homes, New Construction, Senior Communities[4]
Cities Served
Fairfield, CA
All listed agents meet the same qualification standard regardless of tier (see Merit Criteria above).