Fairfield, Maine.
Typical home $235,503 (+0.7% in a year), asking rent $1,138 .
to buy the typical home at today's mortgage rate — +$746 (+152%) since Jan 2020.
- 1 year
- Up $1,740 +1%
- $233,763$235,503 since Sep 2025
- 5 years
- Up $58,432 +33%
- $177,071$235,503 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Fairfield$1,236
- Maine$2,162
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Fairfield, ME rose 0.7% over the past year — slower than the nation's +1.2%.
Living in Fairfield, Somerset County, Maine
Fairfield, in Somerset County, had 2,616 people in the 2020 census. Unemployment in Somerset County was 4.1% in August 2026, and the county had 1.2% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Fairfield is a small community on the Kennebec River side of central Maine, with homes that cost less than in much of the country and incomes in the county that sit below the national picture. Winters are cold and long, with January the coldest month, while summers are pleasantly warm, and the year brings a good deal of rain and melted snow. Fewer adults here hold a four-year degree than in many places, and most people have a short trip to work.
Work. Many residents work in schools, hospitals and social care, with restaurants, hotels and entertainment, shops and manufacturing close behind. The largest workplaces in Fairfield include the local school district, Kennebec Valley Community College and Hancock Lumber Company-Mainely Trusses. Across Somerset County, unemployment has edged up over the past year and there are slightly fewer jobs than there were.
Things to do. The Sebasticook River and Fort Halifax are both a short drive away, one for time by the water and the other for a look at an old fort. The Colby College Museum of Art is also a short drive away, and the Waterville Opera House and City Hall offers a historic theatre for an evening out. For a longer outing, Eaton Mountain is a ski area a longer drive away.
Report a mistake
- 1,079households
- 14%of adults have a degree
- 18 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Somerset County had 15,847 jobs in 2025, 1.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 9°; warmest in July, with highs near 80° and lows near 59°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Waterville Trtmt Plt weather station, 5 miles away (NOAA).
Largest workplaces in Fairfield
- RSU 49/msad 49 SchoolsSchool district376FTE
- Kennebec Valley Community CollegeTwo-year college182
- Ranger ConstructionBlasting, building demolition83
- Pine Tree Waste FairfieldGarbage collection services57
- Hancock Lumber Company-Mainely TrussesFloor trusses, wood, manufacturing43
- Catholic Charities MaineIndividual and family social services, multi-purpose37
- Zimba CompanyGypsum board installation32
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 252 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Ice stormsRelatively high
- Cold wavesRelatively high
- LightningRelatively high
- HurricanesRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Fairfield’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Somerset County.
Fairfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Fairfield$235,503
- Maine$412,002
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Fairfield listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Fairfield23.48%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Fairfield24
New listings per month
Sellers arriving at the market.
- Fairfield5
Zip codes with a Fairfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Fairfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.