40 Exchange Place, Fairfield, CT 06825
OFF MARKET

$541,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,406 sqft

40 Exchange Place, Fairfield, CT 06825

Refinance Your Home
Currently Off Market - Sold Oct 7, 2024 for $407,500

Home Value

Trulia Estimate
$541K
Since last month
Decreased$300 (-0.1%)
Since last year
Decreased$15K (-2.6%)
Since last sale
Increased$134K (+32.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
August 2026$542K
August 2026$541K
July 2026$542K
June 2026$556K
May 2026$555K
April 2026$560K
March 2026$572K
February 2026$568K
January 2026$575K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
187 Halley Avenue, Fairfield, CT
0.35
Multi-Family Home
$490,000
04/16/26
2
2
1,360
156 Halley Avenue, Fairfield, CT
0.35
Multi-Family Home
$535,000
04/27/26
2
2
1,413
282 Marlborough Terrace, Fairfield, CT
0.47
Multi-Family Home
$703,000
08/21/26
3
3
2,027
349 Marlborough Terrace, Fairfield, CT
0.40
Multi-Family Home
$860,000
01/30/26
7
2
2,296
221 Hunyadi Avenue, Fairfield, CT
0.55
Multi-Family Home
$765,000
12/19/25
4
2
2,376
214 Country Road, Fairfield, CT
0.57
Multi-Family Home
$755,000
09/16/25
4
2
1,942
144 Whittier Street, Bridgeport, CT
0.69
Multi-Family Home
$480,000
11/28/25
4
2
1,800

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
50 Exchange Place, Fairfield, CT 06825
0.01
$999,999
6
3
3,036
For Sale
52 Deerfield Street, Fairfield, CT 06825
0.03
$1,012,500
4
3.5
2,500
Off Market
35 Deerfield Street, Fairfield, CT 06432
0.05
$480,900
3
1.5
1,116
Off Market
59 Deerfield Street, Fairfield, CT 06430
0.04
$661,800
3
2
2,500
Off Market
69 Deerfield Street, Fairfield, CT 06430
0.05
$657,500
3
2.5
1,900
Off Market
16 Exchange Place, Fairfield, CT 06825
0.02
$494,200
2
2
1,331
Off Market
90 Deerfield Street, Fairfield, CT 06430
0.03
$655,900
3
2.5
1,900
Off Market
1 Deerfield Road #B, Fairfield, CT 06430
0.06
$516,000
3
2.5
1,700
Off Market
1 Deerfield Road #A, Fairfield, CT 06430
0.06
$516,000
3
2.5
1,700
Off Market
79 Deerfield Street, Fairfield, CT 06430
0.05
$605,400
3
2.5
1,623
Off Market
92 Deerfield Street, Fairfield, CT 06430
0.04
$677,700
3
2.5
2,040
Off Market

Local Information

  • Map ViewExplore the area around 40 Exchange Place.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1909
1,406 sqft
$385/sqft

About this House

Fantastic Location in Fairfield CT. Roof 3/4 years old. Newer Vinyl siding. Newer Vinyl windows. Oil Forced Hot Air heat for first floor. Electric Heat for second floor. Separate Utilities. Bring your finishing touches. Excellent backyard with loads of space. No leases in place. Month to Month for both units. Great opportunity for someone, first time offered for sale in 35 years.
40 Exchange Place, Fairfield, CT 06825 is a 2 bedroom, 2 bathroom, 1,406 sqft multi-family built in 1909. It last sold for $407,500 on Oct 7, 2024 (4% below the $424,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $541,100, with a rent estimate of $3,056/month.
Last check for updates: about 15 hours ago
Listed by Cliff Kamais, (860) 983-8563
Vision Real Estate, (860) 673-1125
Bought with: Madeline B. O'Shea, (203) 394-3014, Coldwell Banker Realty, (203) 254-7100
Source: Smart MLS, MLS#24045004

Home Details for 40 Exchange Place

Interior Features

Interior Details
Basement: Full,Unfinished,Interior EntryNumber of Rooms: 6
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1406 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Water HeaterLaundry: In Basement
Heating & Cooling
Heating: Forced Air,Electric,OilHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Storm Window(s), Thermopane Windows

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: StoneNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1406 Square Feet

Property Information

Year Built
Year Built: 1909
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Units on different Floors
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 118918

Price & Status

Price
List Price: $424,900
Status Change & Dates
Off Market Date: Thu Sep 12 2024Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: Fairfield
School Information
Elementary School: McKinleyHigh School: Fairfield Warde

Building

Building Area
Building Area: 1406 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7405.2 sqft

Energy

Energy Efficiency Features: Windows

Miscellaneous

BasementMls Number: 24045004Attic: NoneAbove Grade Unfinished Area: 1406

Price and Tax history

DateEventPrice
Oct 7, 2024
Source: Smart MLS #24045004
Sold
$407,500
Sep 9, 2024
Source: Smart MLS #24045004
Listed For Sale
$424,900
May 5, 1989
Source: N/A
Sold
$75,000

Market trends in Fairfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$957K
$29.79KMoM
Sale-to-List Price
103.7%
0.4%MoM
Price per sq ft
$477
$5MoM
Available listings
162
16MoM

Around this home

What Locals Say about Fairfield

At least 343 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 87 % Say car is needed

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 76 % Say people would walk alone at night

  • 71 % Say kids play outside

  • 66 % Say they plan to stay for at least 5 years

  • 66 % Say it's quiet

  • 64 % Say there's wildlife

  • 61 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 59 % Say streets are well-lit

  • 57 % Say it's walkable to restaurants

  • 50 % Say there are community events

  • 48 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • teddyabby
    "It’s safe and pretty and everyone looks out for one another. There is a bunch of cute parks and a nice walkable downtown."
    0
    Flag
  • Bnsdkbr225
    "Friendly and beautiful. Close to Lake Mohegan and parks. Lake rights to Lake Hill’s association . "
    0
    Flag
  • Kevin.cohen318
    "Great place to raise a family, incredibly safe and has all the amenities you could want on a year round basis."
    0
    Flag
  • Alexande.pappas
    "Yes walking miking kids walking to school we have public beaches lake’s plenty of restaurants churches"
    0
    Flag
  • Samuel Rivera
    "Great town for families with kids. Fairfield offers great schools, good supermarkets, tons of restaurants and entertainment "
    0
    Flag
  • Timothy Moss
    "Very family friendly. Great place to live for people of any age. I’ve lived here for 10 years now….."
    0
    Flag
  • Kevin.cohen318
    "5 minutes to either I-95, the Merritt Parkway or metro north, train to NYC is just over an hour each way. Great town that’s close to everything but not too close to anything."
    1
    Flag
  • Trulia User
    "My neighbor is safe and friendly and very clean as well. I've lived in this neighborhood over 18 years and absolutely love it. Thank you "
    3
    Flag
  • Trulia User
    "A very well maintained area . Homes streets ,business ,beaches schools ,library’s ( 3 ) . So much to offer !"
    0
    Flag
  • Sauerh
    "My neighborhood is family-oriented with distinct yet harmonious homes with well- kept yards. We are a short trip from Bridgeport, Norwalk, and Stamford with excellent connections via Metro North and I-95."
    5
    Flag
  • Isabellecj
    "Great neighborhood , good schools, close to town and railway station and beach . Very safe and quiet , properties well maintained and kids friendly . Love my neighborhood!"
    3
    Flag
  • Collin M.
    "Tons of events. Parties. Free concerts etc. there is so much fun things to do and see here. Beaches are amazing!"
    0
    Flag
  • Ab h
    "Walk to absolutely everything from hop on the train to yankee stadium or going to your dentist. Beautiful beaches and parks at your fingertips and children’s activities galore."
    0
    Flag
  • Juan G.
    "Quiet, clean and a good place to raise your kids. The school system it’s awesome and you know your kids are in good hands. "
    1
    Flag
  • Imeiers
    "We have neighbourhood block parties, the best trick or treating in town and a wonderful community spirit. Easily one of the best neighbourhoods in Fairfield. "
    5
    Flag
  • Troy P.
    "I work in Fairfield and it’s a wonderful town. The drive from New Haven is pretty easy with 2 route options either 95 or the merit parkway. "
    0
    Flag
  • Juan G.
    "Best in Connecticut, I have lived here for 6 years and my kids love it. If you want a place to raise your kids this it is the place "
    0
    Flag
  • Sar K.
    "Block parties, neighborhood watch, strong neighbor community, varying ages, active community, holiday celebrations: memorial parade, pancake breakfast, Christmas tree lighting, movies at the beach, music on the green, amazing local restaurants, 4th of July fireworks and much more"
    3
    Flag
  • DE
    "Very safe and relatively diverse. Great schools and decent restaurants. The beach is close by and some good golf courses."
    1
    Flag
  • Raquel.noi
    "Would love it, plenty of space for the dogs to run. Walking trails, beautiful neighborhoods to got for a walk. You will love it here!!"
    0
    Flag
  • Raquel
    "Great place, great community environment! It is such nice to go for walks and feel safe. We love that we found our home here!"
    0
    Flag
  • Raquel
    "Great family environment, lots of parks. Neighbors are friendly and welcoming. A lot of activities for kids. "
    0
    Flag
  • Lisalberts
    "It’s friendly and easy to walk or ride bikes around. The schools are wonderful. A real community feel."
    0
    Flag
  • Alek M.
    "Great town to raise a family, good schools and safe neighborhoods for your kids. Friendly people and clean area all around."
    1
    Flag
  • Fortress.management
    "Excellent schools, great town amenities makes it a great area to raise a family. Commuting to NYC is a little over an hour. Vibrant restaurant scene."
    0
    Flag
  • John S. W. J.
    "A great family oriented town. We love the parks the beaches and the community atmosphere. We couldn’t imagine living anywhere else"
    0
    Flag
  • Blythe A. B.
    "Driving to the train station is easy but parking passes are hard to come by unless you find street parking. waiting list is 18 months. "
    0
    Flag
  • Blythe A. B.
    "Everyone walks their dogs. sidewalks are well maintained. there are plenty of parks as well, both dog parks and free space parks. it is well kept by all dog owners, and it’s expected that you pick up after them!"
    0
    Flag
  • Bellaamore99
    "Close to parks, Wholefoods , Homedepo, shopping and metronorth train. Great neighbores . And feel very safe. "
    5
    Flag
  • Mjcejbart
    "Dog walking Mecca at lake Mohegan. All dogs welcome. Very dog friendly. Nice lake and trails to enjoy with or without a dog. "
    0
    Flag
  • Cheetah4455
    "Christmas walk around in Toilsome Hill. Meet the neighbors and everyone brings a different plate of food"
    1
    Flag
  • al .P
    "Lots of dogs on leaches . Not having your dog on a leach is not a good idea . You know your dog but the other does not know your dog "
    1
    Flag
  • Nour Y.
    "One dog can annoy a lot of families since homes are close to each other so multiple dogs barking is even worse"
    5
    Flag
  • Bassickrachel
    "I do see dogs frequently. People seem friendly, neighbors are quiet. I love airfield for the commute and small Town atmosphere."
    1
    Flag
  • Bassickrachel
    "Excellent I am 5 minutes from I-95 and Fairfield Metro Train Station. It is close to grocery stores and it is quite with friendly people."
    0
    Flag
  • Dennis
    "Many dogs that are very pleasant. Owners stop and chat while dogs play. Great way to meet your neighbors."
    0
    Flag
  • Larry
    "Moved here from Dallas and absolutely love it. I commute to downtown New Haven by car and it’s about 30-35 minutes."
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 40 Exchange Place

  • What is 40 Exchange Place estimated to be worth?
    Trulia's estimated value for 40 Exchange Place in Fairfield, CT is $541,100.
  • What is the price history for 40 Exchange Place?
    40 Exchange Place in Fairfield, CT last sold for $407,500 in October 2024.
  • Is Fairfield a buyer's or seller's market?
    Fairfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Fairfield?
    The median sale price in Fairfield is $957K. That is down $29.79K from the prior month.
  • Does 40 Exchange Place have air conditioning?
    Yes, 40 Exchange Place in Fairfield, CT has air conditioning.
  • Does 40 Exchange Place have laundry facilities?
    Yes, 40 Exchange Place in Fairfield, CT has laundry facilities.

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