Fair Oaks, VA Housing Market & Real Estate

Strong seller's market-40.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Fair Oaks, VA is $419,950, down 40.0% year-over-year. Homes sell in an average of 34 days with 30 active listings. The market is currently a strong seller's market.

$419,950median sale price

Is Fair Oaks a buyer's or seller's market?

Strong seller's market1.5 months of supply34 avg. days on market

Fair Oaks, VA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 34 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

34

Average pace

Active listings

30

1.5 months supply

Sale-to-list

101.8%

Above asking

Fair Oaks, VA market data

Current housing market statistics for Fair Oaks, VA
MetricValue
Median sale price$419,950
Median list price$610,000
Year-over-year price change-40.0%
Average days on market34 days
Active inventory30 listings
Months of supply1.5 months
Sale-to-list price ratio101.8%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

The Fair Oaks housing market is currently classified as a strong seller's market with a median sale price of $419,950. Prices have fallen 40.0% compared to last year, with homes spending an average of 34 days on market, indicating 1.5 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 Oaks

There are currently 30 homes listed for sale in Fair Oaks, Virginia. The median listing price is $610K.

Active listings

30

Homes on market

Median list price

$610K

Avg. days on market

34

Days until sale

New this week

29

Newly listed

Price drops:10.0%of listings
Sale-to-list:101.8%

Explore nearby cities in VA

Frequently asked questions

What is the average home price in Fair Oaks?

The median home sale price in Fair Oaks is $419,950, down 40.0% from last year.

How long do homes stay on market in Fair Oaks?

Homes typically spend 34 days on market before going under contract.

Is Fair Oaks a buyer's or seller's market?

With 1.5 months of supply, Fair Oaks is currently a strong seller's market.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Fair Oaks, VA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Fair Oaks market alerts

Weekly updates on prices, inventory, and trends. Free forever.