Fair Lakes, VA
Housing market overview · Updated weekly
$362,500median sale price
Homes sold
5
Last 12 weeks
Days on market
42
Average pace
Active listings
22
4.4 months supply
Sale-to-list
98.9%
Below asking
The Fair Lakes housing market is currently classified as a balanced market with a median sale price of $362,500. Prices have fallen 38.6% compared to last year, with homes spending an average of 42 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Fair Lakes
There are currently 22 homes listed for sale in Fair Lakes, Va. The median listing price is $463K.
Active listings
22
Homes on market
Median list price
$463K
Avg. days on market
42
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Fair Lakes?
The median home sale price in Fair Lakes is $362,500, down 38.6% from last year.
How long do homes stay on market in Fair Lakes?
Homes typically spend 42 days on market before going under contract.
Is Fair Lakes a buyer's or seller's market?
With 4.4 months of supply, Fair Lakes is currently a balanced market.
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