Fair Oaks, VA

Strong seller's market-40.0% YoY

Housing market overview · Updated weekly

$419,950median sale price

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

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

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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.

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