Fairfield

Victoria, British Columbia, Canada

Market snapshot

As of August 12, 2026, the median asking price in Fairfield, Victoria is $879,000, across 117 active MLS® listings.

Those listings have been on the market an average of 68 days.

34 new listings came to market in Fairfield in the last 30 days.

Asking prices work out to about $662 per square foot, based on the 106 listings that report floor area.

Condos in Fairfield are listed at an average of $540,112 across 62 active listings.

Detached homes in Fairfield are listed at an average of $2,026,666 across 29 active listings.

Multi-family properties in Fairfield are listed at an average of $2,387,857 across 7 active listings.

Townhouses in Fairfield are listed at an average of $1,026,760 across 5 active listings.

About Fairfield

Fairfield is one of Victoria’s most established and walkable neighbourhoods, lying between Downtown and Oak Bay along the south shore. It’s known for heritage homes and tree-lined streets, a strong owner-occupier base, and a mix of professionals, families, students, and downsizers. The area’s biggest lifestyle anchors include Beacon Hill Park, Dallas Road waterfront, Cook Street Village shops/cafés, and easy access to Downtown employment and services. The housing stock is a blend of character single-family homes, strata townhomes, and low- to mid-rise condo buildings, with some purpose-built rental and secondary-suite inventory.

From an investment standpoint, Fairfield tends to trade at a premium due to location and limited land for new supply, which supports long-run price resilience but can compress yields versus cheaper suburban nodes. Demand for rentals is steady from UVic/Camosun commuters, hospital and government workers, and tenants seeking walkability; typical offerings skew toward condos and suites in older houses, with strong competition for well-renovated, parking-included units. Key schools serving the area include Sir James Douglas Elementary and South Park Family School (plus nearby high schools in adjacent catchments), and transit is frequent along corridors like Cook St and Fairfield Rd with quick connections to Downtown and regional routes, reinforcing low-vacancy conditions and durable pricing.

Market pulse

Fairfield’s market pulse is hard to quantify right now because current live market data is limited, which reduces confidence in pricing and timing signals. With limited market data available, buyers and investors should expect higher uncertainty and rely more on recent comparable sales, current listing competition, and property-specific fundamentals when making offers or underwriting returns.

Getting around

Walk Score 85 · Transit Score 65 · Bike Score 88

Frequently asked questions about Fairfield

What is the average home price in Fairfield?

The median asking price in Fairfield, Victoria is $879,000, across 117 active MLS® listings as of August 12, 2026. The average asking price is $1,105,082. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Fairfield?

There are 117 active MLS® listings in Fairfield, Victoria as of August 12, 2026. 34 of them came to market in the last 30 days.

How long do homes stay on the market in Fairfield?

Homes currently listed in Fairfield, Victoria have been on the market an average of 68 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Fairfield?

Of the 117 homes currently listed in Fairfield, Victoria, 53% condos, 25% detached houses, 6% multi-family homes, 4% townhouses.

Is Fairfield walkable?

Fairfield has a Walk Score of 85 out of 100, which Walk Score classifies as Very Walkable — most errands can be accomplished on foot. Transit Score is 65. Bike Score is 88.

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How these figures are calculated