Home prices
Fairfield's median home price is $99,100. It is approximately $17,760 (21%) higher compared to its nearby areas.In comparison to the US as a whole it is about $118,400 (54%) lower, and compared to the city of Birmingham is roughly $8,000 (8%) higher.
Rents
Fairfield's median rent is $754 per month. In comparison to its surrounding areas it is approximately $85 (10%) lower.In comparison to the United States as a whole it is approximately $308 (29%) lower, and compared to the city of Birmingham is approximately $83 (9%) lower.
Nearby places
Midfield
Midfield is Fairfield's neighbor to the south. Real estate prices there are substantially less expensive. The median home in Midfield costs $73,600, which works out to $25,500 (34%) lower than Fairfield. Rents there are a bit more expensive. The median rent in Midfield is $911 per month, which works out to $157 (17%) higher than Fairfield.
Brighton
Brighton is roughly 2 miles southwest of Fairfield. The housing prices there are a lot less expensive. The cost of the median home in Brighton is $49,800, which comes out to $49,300 (98%) lower than Fairfield. Rents there are fairly similar. Brighton's median monthly rent is $779, which comes out to $25 (3%) higher than Fairfield.
Pleasant Grove
Pleasant Grove is roughly 3 miles northwest of Fairfield. Its housing prices are significantly more expensive. The price of the median home in Pleasant Grove is $157,400, which works out to $58,300 (37%) higher than Fairfield. Its rents are a lot more expensive. In Pleasant Grove the median rent is $1,134 per month, which is $380 (33%) higher than Fairfield.
McDonald Chapel
McDonald Chapel is approximately 3 miles north of Fairfield. Its real estate prices are significantly less expensive. McDonald Chapel's median home cost is $61,300, which is $37,800 (61%) lower than Fairfield. Rent there is fairly similar. In McDonald Chapel the median monthly rent is $766, which works out to $12 (1%) higher than Fairfield.
Lipscomb
Lipscomb is approximately 3 miles south of Fairfield. Real estate prices there are significantly less expensive. The price of the median home in Lipscomb is $64,600, which comes out to $34,500 (53%) lower than Fairfield. Its rents are a little less expensive. The median rent in Lipscomb is $606 per month, which comes out to $148 (24%) lower than Fairfield.