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Fairfax, IA
Full City Profile · Iowa · Johnson County County
3.7
/5.0
B+
Good
2,865
Population
789/sq mi density
$120,552
Median Income
$45,288 per capita
$278,800
Home Value
$294,828 Zillow
$1,188
Median Rent
26.8% income on rent
48°F
Avg Temperature
275 sunny days/yr
299
Violent Crime/100K
3,842 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$120,552 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$278,800 home value, $1,188/mo rent
F
Safety
1.0 / 5.0
299 violent crimes/100K
B+
Education
4.0 / 5.0
36.9% bachelor's degree or higher
Housing Overview
Median Home Value
$278,800
1% below
US avg: $281,900
Median Rent
$1,188/mo
2% above
US avg: $1,163/mo
Homeownership Rate
93.2%
43% above US avg (65.4%)
Total Housing Units
1,020
Median year built: 2004
Home Value by Source
Census Median
$278,800
Zillow (ZHVI)
$294,828
Median Sale Price
$170,000
Median List Price
$487,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.2%
Owner-Occupied
6.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$1,188/mo
Market Indicators (Redfin)
Median Days on Market
21 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
93.2%
Complete Housing Data
Home Values
| Census Median Value | $278,800 |
| Zillow Home Value (ZHVI) | $294,828 |
| Median Sale Price | $170,000 |
| Median List Price | $487,400 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $1,188 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
| Days on Market | 21 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 7 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 93.2% |
| Renter-Occupied | 6.8% |
| Homeownership Rate | 93.2% |
| Total Housing Units | 1,020 |
| Median Year Built | 2004 |
| Rent Burden | 26.8% |