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FAIRBANK, IA 50629

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

Market Analysis

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

The FAIRBANK, IA real estate market (50629) currently shows 3 active listings, with 2 pending sales. Homes are averaging 12 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 12 days on market compared to 31 days last year.

The median listing price has fallen 28.3% year-over-year, from $299,900 to $215,000.

Whether you are buying or selling in FAIRBANK, IA, 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: 2,374  ·  Density: 12.2/mi²  ·  Median household income: $97,096

Typical home value: $178,605  ·  Homeownership: 83.6%

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
2
67% pending ratio
Median Price
$215,000
⇩ 28.3% vs $299,900 last year
Average Price
$215,000
⇩ 35.2% vs $331,957 last year
Days on Market
12
⇩ 61.3% vs 31 days last year

Price Per Square Foot

Median $/sqft
$102
⇩ 22.7% vs $132/sqft last year
Median Home Size
2,118 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 12 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $215,000 (-28.3% YoY)
  • Average: $215,000 (-35.2% 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 22.1 miles — 451 listings ($98,856,569 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50629Fairbank, IA 506290.0 mi4$928,820$216,200$232,205
50662Oelwein, IA 506628.1 mi45$6,179,400$115,000$137,320
50641Hazleton, IA 506418.8 mi3$1,402,350$467,450$467,450
50703Waterloo, IA 5070312.1 mi69$7,866,000$84,500$114,000
50622Denver, IA 5062213.0 mi11$3,911,556$309,250$355,596
50674Sumner, IA 5067413.9 mi10$2,462,870$192,425$246,287
50676Tripoli, IA 5067614.5 mi4$596,000$149,000$149,000
50707Evansdale, IA 5070715.2 mi29$6,062,943$202,225$209,067
50607Aurora, IA 5060717.1 mi2$590,000$295,000$295,000
50702Waterloo, IA 5070217.4 mi84$15,807,204$168,650$188,181
50677Waverly, IA 5067719.9 mi57$20,471,379$346,525$359,147
50701Waterloo, IA 5070120.6 mi131$32,388,047$209,700$247,237
52147Hawkeye, IA 5214722.1 mi2$190,000$95,000$95,000

Frequently Asked Questions

How many homes are for sale in FAIRBANK, IA 50629?

As of June 2026, there are 3 active listings in FAIRBANK, IA (zip code 50629), compared to 6 the prior year.

What is the median home price in FAIRBANK, IA 50629?

The median listing price in FAIRBANK, IA 50629 is $215,000 as of June 2026, a 28.3% decrease from $299,900 the prior year.

How long do homes stay on the market in FAIRBANK, IA?

Homes in FAIRBANK, IA 50629 spend an average of 12 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in FAIRBANK, IA 50629?

Based on current inventory and days-on-market data as of June 2026, FAIRBANK, IA 50629 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 12 days on market compared to 31 days last year.

How much can I save on real estate commission in FAIRBANK, IA?

With SELL123.com's maximum 3% commission, sellers in FAIRBANK, IA 50629 save an estimated $4,300 compared to a typical 5% commission on the median listing price of $215,000. 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.