Fair Oaks, VA Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $419,950 |
| Median list price | $610,000 |
| Year-over-year price change | -40.0% |
| Average days on market | 34 days |
| Active inventory | 30 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 101.8% |
| Market condition | Strong 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
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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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