Some benefits of homeownership in Fairfax, Oklahoma could include:

1. Building equity over time: As you make payments toward your mortgage, you're building equity in your home, which can be a valuable asset for your financial future.

2. Tax benefits: Homeowners can often deduct mortgage interest payments and property taxes from their federal income taxes.

3. Stability: Owning a home provides greater stability than renting, as you have more control over where you live and can make improvements to the property over time.

4. Sense of community: As a homeowner in a small village like Fairfax, you may feel a sense of community and belonging that comes with being part of a small town.

5. Potential for investment: If the value of your home increases over time, you could potentially sell it for a profit or use the equity to invest in other properties.

Of course, every situation is unique, and there are many factors to consider when deciding whether to buy a home. It's important to carefully weigh the potential benefits and drawbacks before making a decision that's right for you.