With a median home price considerably lower than the San Francisco Bay Area average, Fairfield boasts higher than average ownership rates and the highest percentage of residential sales in Solano County. We offer our residents a wide variety of housing choices ranging from workforce to executive with the traditional single-family, detached home the most widely available option. Fairfield remains one of the most affordable places to buy a home in the Bay Area. The median price for a home in Fairfield in May 2006 was $456,000 compared to the Bay Area median price of $671,000 for the same period. The result is higher ownership in Fairfield than the Bay Area and California.
Higher incomes and lower housing costs translate into an increased standard of living for the residents of Fairfield. This diversity and availability of affordable and executive housing in Fairfield explains why Fairfield continues to have the highest percentage of residential sales in Solano County.
Rentals are also less expensive in Fairfield than for the Bay Area. The median gross rent in the 2006 census for Fairfield was $1,072 versus $1,180 for the Bay Area.
| Housing Occupancy 2006 |
Fairfield |
Bay Area |
California |
| Owner-occupied housing units |
58.4% |
57.8% |
58.4% |
| Renter-occupied housing units |
41.6% |
42.2% |
41.6% |
| Single, detached housing |
65.3% |
55.9% |
58.8% |
| Median gross rent |
$1,072 |
$1,180 |
$1,029 |
| Rental Vacancy Rate (2006) |
5.5% |
1.3% |
6.0% |
| Median Sales Price (5/06) |
$456,000 |
$671,000 |
$564,430 |
Source: U.S. Bureau of the Census, Census 2006; Bay Area Real Estate Information Service
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