Fairfield, CA Housing Market: Home Prices & Rent
Fairfield home values since 2000
Last few years
Rent in Fairfield
Owning vs renting, monthly
Buying the typical Fairfield home with 20% down at this week's 7.32% 30-year rate costs about $4,037/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,425/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Fairfield vs California and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| Fairfield, CA | $598k | -0.9% | $2,425/mo |
| California | $762k | +0.6% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Fairfield, CA?
Yes - the typical Fairfield home value is down 0.9% over the past 12 months, at $598k (September 2026). Values are 7% below their June 2022 peak of $644k.
Is the Fairfield housing market crashing?
Home values are 7% below their June 2022 peak and down 0.9% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Fairfield, CA?
Typical rent in Fairfield is $2,425 a month (September 2026), +2.2% over 12 months.
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Fairfield, September 2026). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.