Fairfield, CT
Commercial Real Estate Market Trends & Data

$329 per SF Avg asking sale price
$29 per SF Avg asking lease rate
4,044 SF Avg unit lease size
15,270 SF Avg building size for sale
6.32% Average cap rate

Fairfield's Demographic Profile

Fairfield has 21,219 households and a median income of $154,998, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 63,406
# Households 21,219
Median age 40
Median household income $154,998
Avg household size 3.0
Renter-occupied housing units 4,216
5-year population change +1%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fairfield $231 9,565 SF 6.50%
Bridgeport $162 9,259 SF 6.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Fairfield $238 23,513 SF 6.50%
Bridgeport $164 22,587 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Fairfield $420 18,200 SF
Bridgeport $287 22,758 SF
Westport $563 9,611 SF
Weston $276 6,150 SF
Trumbull $409 4,925 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Fairfield $260 10,529 SF 7.41%
Bridgeport $263 33,889 SF 7.79%
Stratford $201 75,425 SF 7.79%
Norwalk $387 3,597 SF 5.95%

Commercial Properties For Sale in Fairfield

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

124 Grasmere Ave

Fairfield, CT 06824

  • 2,665 SF Multifamily
  • 6.34% Cap Rate
  • $1,100,000
For Sale

1027 Fairfield Ave

Bridgeport, CT 06605

  • 7,000 SF Office Building
  • $1,150,000
For Sale

4942 Main St

Bridgeport, CT 06606

  • 3,000 SF Office Building
  • $599,000
For Sale

4942, 4934 Main -1

Bridgeport, CT 06606

  • 11 SF Lot
  • 1 Residential Income Lot
  • $1,650,000
For Sale

1495 Black Rock Tpke

Fairfield, CT 06825

  • 8,570 SF Retail Building
  • 7.69% Cap Rate
  • $2,250,000
For Sale

1795 North Avenue Bridgeport, CT

Bridgeport, CT 06604

  • 15,423 SF Multifamily
  • 7.41% Cap Rate
  • $2,899,999

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fairfield pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fairfield $329 15,270 SF
Southport $472 21,186 SF
Bridgeport $214 19,619 SF
Westport $526 8,127 SF
Weston $303 4,580 SF

Multifamily Properties For Sale in Fairfield

For Sale

1795 North Avenue Bridgeport, CT

Bridgeport, CT 06604

  • 15,423 SF Multifamily
  • 7.41% Cap Rate
  • $2,899,999

Regional Demographic Comparison

This comparison places Fairfield alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fairfield or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Fairfield 63,406 21,219 40 $154,998 3 4,216 1%
Westport 28,106 10,029 46 $220,622 3 1,678 1%
Weston 10,542 3,462 45 $216,772 3 253 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fairfield, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Fairfield

View All Commercial Real Estate For Sale in Fairfield
Is Fairfield a good market for a first-time commercial real estate investor?

Fairfield offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fairfield?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fairfield. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fairfield?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fairfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fairfield compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fairfield. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fairfield acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fairfield, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends