Is Fairfield, TX 75840 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Fairfield is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #643 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.1Under 4 months = seller’s market
Sold above original list5.9%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$144▲ +17.4% vs. last year

The Fairfield housing market right now

In the three months ending August 31, 2026, 6% of homes in Fairfield, TX 75840 sold above their list price, the typical home went under contract in 66 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (95 days then) and the median sale price fell 3% to $229,901. Overall, Fairfield is about as competitive as it was a year ago.

Within Freestone County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Fairfield ranks #643 of 868 TX ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Wortham 76693 (0% sold over asking) or Streetman 75859 (0% sold over asking), while Teague 75860 (20% sold over asking) is even more competitive.

Nearby markets

Donie 75838Buyer’s market $218 /sq ftStreetman 75859Balanced $184 /sq ftTeague 75860Balanced $115 /sq ftWortham 76693Buyer’s market $149 /sq ft Browse all markets →

Where Fairfield is

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Questions about Fairfield real estate

Is Fairfield a buyer’s or seller’s market?

A balanced market: there were 4.1 months of supply in Fairfield, TX 75840 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fairfield?

The typical home went under contract in 66 days in the latest three months.

Do homes in Fairfield sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Fairfield?

About 0.94% of a home’s value a year in Freestone County, or roughly $3,760 on a $400,000 home.

What is the median home price in Fairfield?

The median sale price was $229,901 in the three months ending August 31, 2026, about $144 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology