Much like its nearby areas, it's substantially less expensive compared to the country as a whole. Compared to the city of Little Rock, it is significantly less expensive.
Home prices
Fairfield Bay's median home value is $101,700. In comparison to its nearby areas it is roughly $5,300 (4%) lower.Compared to the United States as a whole it is approximately $115,800 (53%) lower, and is approximately $65,900 (39%) lower in comparison to the city of Little Rock.
Rents
The median rent in Fairfield Bay is $1,045 a month. This is about $412 (64%) higher in comparison to the surrounding areas.In comparison to the rest of the country it is approximately $17 (1%) lower, and compared to the city of Little Rock it is about $173 (19%) higher.
Nearby places
Shirley
Shirley is roughly 3 miles northwest of Fairfield Bay. Real estate prices there are somewhat less expensive. The median home in Shirley is valued at $81,000, which is $20,700 (25%) lower than Fairfield Bay. Rents there are substantially less expensive. The median rent in Shirley is $606 a month, which is $439 (72%) lower than Fairfield Bay.
Greers Ferry
Greers Ferry is about 5 miles southeast from Fairfield Bay. Housing prices there are a bit more expensive. The median home in Greers Ferry is valued at $130,800, which comes out to $29,100 (22%) higher than Fairfield Bay. Its rents are substantially less expensive. The median monthly rent in Greers Ferry is $666, which is $379 (56%) lower than Fairfield Bay.
Clinton
Clinton is approximately 9 miles west from Fairfield Bay. Real estate prices there are a little more expensive. Clinton's median home price is $113,600, which is $11,900 (10%) higher than Fairfield Bay. Rent there is substantially less expensive. The median monthly rent in Clinton is $418, which comes out to $627 (150%) lower than Fairfield Bay.
Heber Springs
Heber Springs is roughly 13 miles southeast of Fairfield Bay. Housing prices there are somewhat more expensive. Heber Springs's median home value is $121,900, which is $20,200 (16%) higher than Fairfield Bay. Rent there is a lot less expensive. The median monthly rent in Heber Springs is $708, which is $337 (47%) lower than Fairfield Bay.
Quitman
Quitman is about 16 miles south from Fairfield Bay. Real estate prices there are a little less expensive. The median home in Quitman costs $87,700, which comes out to $14,000 (15%) lower than Fairfield Bay. Its rents are substantially less expensive. Quitman's median rent is $769 a month, which is $276 (35%) lower than Fairfield Bay.