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These days, finding an affordable place to live in the New Fairfield area can be challenging. Home prices in New Fairfield are now at a median cost of $509,034, higher than the Connecticut average of $418,901.
The average cost of rent is $2,050/mo in New Fairfield, primarily driven by the current value of real estate in the New Fairfield area. In New Fairfield, 8.41% of households rent, and 31.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Fairfield is $12,071 per month. Households that rent pay about 16.98% of their income on rent here. New Fairfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Patterson, NY: equally priced homes
- Brookfield, CT: equally priced homes
- Danbury, CT: less expensive homes
- Candlewood Point, CT: equally priced homes
- Quaker Hill, NY: less expensive homes
- Sherman, CT: equally priced homes
- Brewster, NY: equally priced homes
- Bethel, CT: less expensive homes
- Bridgewater, CT: higher priced homes
- Pawling, NY: less expensive homes
Cities with Similar Populations
- Sweet Home, OR: less expensive homes
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- Eufaula, AL: less expensive homes
- Evanston, WY: less expensive homes
- Excelsior Springs, MO: less expensive homes
- Exeter, CA: less expensive homes
- Fair Oaks, GA: less expensive homes
- Fairless Hills, PA: less expensive homes
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