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Sarah Mitchell

CNESRESABR

Compass Real Estate · Fairlawn, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fairlawn, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fairlawn, VA Housing Market & Real Estate

Balanced market+69.4% YoY

Housing market overview · Updated monthly ·

$625,000median sale price

How is the Fairlawn, VA housing market right now?

The median home sale price in Fairlawn, VA is $625,000, up 69.4% year-over-year. Homes sell in an average of 11 days with 14 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Fairlawn a buyer's or seller's market?

Balanced market4.7 months of supply11 avg. days on market

Fairlawn, VA is currently a balanced market, based on 4.7 months of supply and homes selling in about 11 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

11

Fast-moving

Active listings

14

4.7 months supply

Sale-to-list

96.3%

Below asking

What does the Fairlawn housing market data show?

Current housing market statistics for Fairlawn, VA
MetricValue
Median sale price$625,000
Median list price$317,500
Year-over-year price change+69.4%
Average days on market11 days
Active inventory14 listings
Months of supply4.7 months
Sale-to-list price ratio96.3%
Median price per sq ft$168/sq ft
Homes sold (latest month)3
New listings (latest month)10
Listings with a price cut21.4%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Fairlawn by property type?

How the Fairlawn, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Fairlawn, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$722,500$159/sq ft213 days
Townhouse$420,000$168/sq ft111 days

Source: Redfin · Updated monthly

The Fairlawn housing market is currently classified as a balanced market with a median sale price of $625,000. Prices have risen 69.4% compared to last year, with homes spending an average of 11 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Fairlawn

There are currently 14 homes listed for sale in Fairlawn, Virginia. The median listing price is $318K.

Active listings

14

Homes on market

Median list price

$318K

Avg. days on market

11

Days until sale

New this week

10

Newly listed

Price drops:21.4%of listings
Sale-to-list:96.3%

Who lives in Fairlawn?

Population

2,555

Median income

$67,549/yr

Median age

52.1 years

Owner-occupied

79.5%

College grads

47.7%

Avg commute

20.8 min

Source: U.S. Census Bureau ACS

What is it like to live in Fairlawn?

Fairlawn is a community of approximately 3K residents with a median age of 52.1 years.The median household income is $67,549, which represents a working-class community with solid middle-income opportunities. 47.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 79.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairlawn offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Fairlawn?

1 schools tracked · 381 students

The largest public schools serving Fairlawn, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Riverlawn Elementary

Grades PK-5 · 381 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Fairlawn, VA?

Want a head-to-head view? Compare Fairlawn side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Fairlawn?

The median home sale price in Fairlawn is $625,000, up 69.4% from last year.

How long do homes stay on market in Fairlawn?

Homes typically spend 11 days on market before going under contract.

What is the median income in Fairlawn?

The median household income is $67,549 per year.

Is Fairlawn a buyer's or seller's market?

With 4.7 months of supply, Fairlawn is currently a balanced market.

How much does a single-family home cost in Fairlawn?

The median single-family home price in Fairlawn, VA is $722,500 (about $159 per square foot).

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