Fairfax, SD Real Estate Market Summary – September 8, 2026
In Fairfax, SD, the real estate market has seen 129 homes sold recently, with an average of 4 homes sold per day. The average living area of sold homes was approximately 2,305 square feet, and the median sale price reached $790,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 129 |
| Sold Per Day | 4.30 |
| Average SQFT | 2305 |
| Median Sales Price | $790,000 |
| Average Sales Price | $799,480 |
| Average Price Per SQFT | $358 |
| Average Days on Market | 17 |
| Average Year Built | 1985 |
Fairfax, SD Single Family Home Analysis
For single-family homes, 62 properties have sold, averaging 2 homes per day. The average living area is about 2,894 square feet, with a median sale price of $886,250.
| Metric | 30 Days |
|---|---|
| Number Sold | 62 |
| Sold Per Day | 2.07 |
| Average SQFT | 2894 |
| Median Sales Price | $886,250 |
| Average Sales Price | $972,802 |
| Average Price Per SQFT | $362 |
| Average Days on Market | 18 |
| Average Year Built | 1974 |
Fairfax, SD Condo & Townhome Analysis
In the condo and townhome segment, 67 units were sold, averaging 2 units per day. The typical living area is around 1,761 square feet, and these properties had a median sale price of $650,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 67 |
| Sold Per Day | 2.23 |
| Average SQFT | 1761 |
| Median Sales Price | $650,000 |
| Average Sales Price | $639,091 |
| Average Price Per SQFT | $355 |
| Average Days on Market | 15 |
| Average Year Built | 1995 |
Buyer & Seller Analysis
- Average days on market for sold homes was 17 days.
- Average sale price for single-family homes was $972,802.
- Average sale price for condos was $639,091.
- All sale prices are subject to state disclosure regulations.
Conclusion
Overall, the sales velocity remains steady with no change in pace reported from the prior period. The market shows diverse options across housing types, catering to various buyer preferences.