In-depth Real Estate Data: Local Markets

Fairfield Area Research, Pricing, and Statistics

From May 27th, 2024 through November 23rd, 2024

Units Sold:

445

Average Sold Price:

$382,047

Average Sold Discount:

4%

Average Price Reduction:

1%

Average DOM:

49

The Fairfield Area in Houston offers a diverse selection of homes, with 404 active listings ranging from $182,500 to $5,500,000. The average home price is $424,680, featuring sizes from 912 to 11,123 sq ft. With homes built between 2013 and 2024, it's a great time to buy or sell in this vibrant market!

Active Listings

405

Average List Price

$424,434

Typical List Price

$311k to $437k

Homes Listed per Price Range

A visual list price spectrum representation

$180kto$301k$301kto$422k$422kto$543k$543kto$664k$664kto$785k$785kto$905k$905kto$1.0M$1.0Mto$1.1M$1.1Mto$1.3M$1.3Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.1M$2.1Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.5M$2.5Mto$2.6M
2024752048114896211113

Sold Listings

445

Average Selling Price

$382,047

Typical Selling Price

$273k to $410k

Homes Sold per Price Range

A visual sold price spectrum representation

$78kto$208k$208kto$338k$338kto$467k$467kto$597k$597kto$727k$727kto$857k$857kto$987k$987kto$1.1M$1.1Mto$1.2M$1.2Mto$1.4M$1.4Mto$1.5M$1.5Mto$1.6M$1.6Mto$1.8M$1.8Mto$1.9M$1.9Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.3M$2.3Mto$2.4M$2.4Mto$2.5M$2.5Mto$2.7M
20246252117222610413113

Average Sold Price per Sq Ft

$179

Typical Sold Price per Sq Ft

$155 to $189

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$91to$123$123to$156$156to$188$188to$220$220to$252$252to$284$284to$317$317to$349$349to$381$381to$413$413to$445$445to$478$478to$510$510to$542$542to$574$574to$606$606to$639$639to$671$671to$703$703to$735
202471272395491112

Average Days to Sell

49

Typical Days to Sell

7 to 63

Days on the Market Distribution

The number of homes sold in each DOM range

to2222to4444to6666to8888to110110to131131to153153to175175to197197to219219to241241to263263to285285to307307to328329to350350to372372to394394to416416to438
20242097754232117111142533222

Average Price Reduction

1%

Typical Price Reduction

0% to 2%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-17%to-15%-15%to-12%-12%to-10%-10%to-8%-8%to-6%-6%to-4%-4%to-2%-2%to0%0%to2%2%to4%4%to7%7%to9%9%to11%11%to13%13%to15%15%to17%17%to19%19%to21%21%to23%23%to26%
20242131775610011855362415104212

Average Discount from Original List

4%

Typical Sold Discount from Original List

0% to 6%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-14%to-12%-12%to-9%-9%to-7%-7%to-4%-4%to-1%-1%to1%1%to4%4%to6%6%to9%9%to11%11%to14%14%to16%16%to19%19%to21%21%to24%24%to27%27%to29%29%to32%32%to34%34%to37%
202414323118103845825153222

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-9%to-7%-7%to-6%-6%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to6%6%to8%8%to9%9%to11%11%to12%12%to14%14%to15%15%to17%17%to18%18%to20%20%to21%
20243326211316164453925141278212

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.