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FAIRBANK, IA 50629

Real Estate Market Report  ·  Fayette County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
vs 5 last year
Pending
0
0% pending ratio
Median Price
$209,900
⇩ 12.5% vs $240,000 last year
Average Price
$213,940
⇩ 20.7% vs $269,880 last year
Days on Market
78
⇧ 105.3% vs 38 days last year

Market Context

Population: 2,374  ·  Density: 12.2/mi²  ·  Median household income: $97,096

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

Market Analysis

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

The FAIRBANK, IA real estate market (50629) currently shows 5 active listings. Homes are averaging 78 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 78 days on market compared to 38 days last year.

The median listing price has fallen 12.5% year-over-year, from $240,000 to $209,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 78 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $209,900 (-12.5% YoY)
  • Average: $213,940 (-20.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.4 miles — 429 listings ($93,158,304 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50629Fairbank, IA 506290.0 mi5$1,069,700$209,900$213,940
50662Oelwein, IA 506628.1 mi47$6,670,710$134,900$141,930
50641Hazleton, IA 506418.8 mi3$983,400$295,000$327,800
50703Waterloo, IA 5070312.1 mi53$6,581,222$89,500$124,174
50622Denver, IA 5062213.0 mi10$3,913,620$313,500$391,362
50674Sumner, IA 5067413.9 mi8$1,983,088$189,900$247,886
50676Tripoli, IA 5067614.5 mi3$508,500$169,500$169,500
50707Evansdale, IA 5070715.2 mi28$5,742,660$184,400$205,095
50607Aurora, IA 5060717.1 mi2$590,000$295,000$295,000
50702Waterloo, IA 5070217.4 mi79$14,608,838$169,900$184,922
50677Waverly, IA 5067719.9 mi52$17,908,592$339,500$344,396
50701Waterloo, IA 5070120.6 mi138$32,515,974$204,900$235,623
50606Arlington, IA 5060621.4 mi1$82,000$82,000$82,000

Frequently Asked Questions

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

As of January 2026, there are 5 active listings in FAIRBANK, IA (zip code 50629), compared to 5 the prior year.

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

The median listing price in FAIRBANK, IA 50629 is $209,900 as of January 2026, a 12.5% decrease from $240,000 the prior year.

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

Homes in FAIRBANK, IA 50629 spend an average of 78 days on the market before going under contract, compared to 38 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 January 2026, FAIRBANK, IA 50629 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 78 days on market compared to 38 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 $4,198 compared to a typical 5% commission on the median listing price of $209,900. 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.