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FAIRFIELD, NJ 07004

Real Estate Market Report  ·  Essex County
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The FAIRFIELD, NJ real estate market (07004) currently shows 13 active listings, with 5 pending sales. Homes are averaging 13 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 13 days on market compared to 15 days last year.

The median listing price has fallen 3.9% year-over-year, from $854,675 to $821,000.

Whether you are buying or selling in FAIRFIELD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,723  ·  Density: 294.4/mi²  ·  Median household income: $110,703

Typical home value: $622,281  ·  Homeownership: 81.7%

Market Overview

Active Listings
13
⇩ 38.1% vs 21 last year
Pending
5
38% pending ratio
Median Price
$821,000
⇩ 3.9% vs $854,675 last year
Average Price
$862,854
⇩ 9.7% vs $955,116 last year
Days on Market
13
⇩ 13.3% vs 15 days last year

Price Per Square Foot

Median $/sqft
$318
⇩ 1.9% vs $324/sqft last year
Median Home Size
2,700 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 21 last year
  • Days on market: 13 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $821,000 (-3.9% YoY)
  • Average: $862,854 (-9.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.9 miles — 356 listings ($316,870,706 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07004Fairfield, NJ 070040.0 mi5$5,028,815$874,250$1,005,763
07006Caldwell, NJ 070062.4 mi29$32,948,553$724,000$1,136,157
07082Towaco, NJ 070823.7 mi28$26,020,036$699,900$929,287
07034Lake Hiawatha, NJ 070344.0 mi13$7,296,302$505,750$561,254
07068Roseland, NJ 070684.3 mi17$17,057,800$844,500$1,003,400
07440Pequannock, NJ 074404.4 mi7$3,465,000$495,000$495,000
07044Verona, NJ 070444.7 mi23$13,702,227$607,000$595,749
07936East Hanover, NJ 079365.4 mi19$17,915,917$925,000$942,943
07054Parsippany, NJ 070545.5 mi25$19,118,850$717,750$764,754
07043Montclair, NJ 070436.0 mi17$31,819,750$1,039,750$1,871,750
07042Montclair, NJ 070426.6 mi26$36,023,572$1,322,000$1,385,522
07052West Orange, NJ 070526.8 mi103$78,403,600$634,750$761,200
07013Clifton, NJ 070136.9 mi44$28,070,284$586,750$637,961

Frequently Asked Questions

How many homes are for sale in FAIRFIELD, NJ 07004?

As of June 2026, there are 13 active listings in FAIRFIELD, NJ (zip code 07004), compared to 21 the prior year.

What is the median home price in FAIRFIELD, NJ 07004?

The median listing price in FAIRFIELD, NJ 07004 is $821,000 as of June 2026, a 3.9% decrease from $854,675 the prior year.

How long do homes stay on the market in FAIRFIELD, NJ?

Homes in FAIRFIELD, NJ 07004 spend an average of 13 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in FAIRFIELD, NJ 07004?

Based on current inventory and days-on-market data as of June 2026, FAIRFIELD, NJ 07004 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 13 days on market compared to 15 days last year.

How much can I save on real estate commission in FAIRFIELD, NJ?

With SELL123.com's maximum 3% commission, sellers in FAIRFIELD, NJ 07004 save an estimated $16,420 compared to a typical 5% commission on the median listing price of $821,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.