The Fair Oaks housing market is most competitive. The median sale price of a home in Fair Oaks was $670K last month, up .0% since last year. The median sale price per square foot in Fair Oaks is $357, up 9.0% since last year.
What is the housing market like in Fair Oaks today?
In April 2024, Fair Oaks home prices were up .0% compared to last year, selling for a median price of $670K. On average, homes in Fair Oaks sell after 7 days on the market compared to 5 days last year. There were 39 homes sold in April this year, up from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$670,000
0.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Fair Oaks, VA
$670,000
0.0%
United States
To compare other locations to the Fair Oaks and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fair Oaks add value to a home.
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How hot is the Fair Oaks housing market?
Fair Oaks is most competitive. Homes sell in 6 days.
0
100
96
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 6 days.
Hot homes
can sell for about 7% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Fair Oaks
Explore recent offers and recently sold homes in Fair Oaks
Recent offers
Offer Not Accepted|
10 Weeks Ago
~$700K Offer
Sold for $750K
3bd | 3ba | ~1,750sqft
Over List Price
3%
Days on Market
5
Competing Offers
6
Down Payment
~40%
Michelle Soto
Fair Oaks Redfin Agent
Clients waived everything and went $70,000 above asking price. Also, received a Redfin credit to give the seller to help with closing costs.…
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fair Oaks housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fair Oaks.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fair Oaks has a moderate risk of flooding. 263 properties in Fair Oaks are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Fair Oaks. Flood risk is increasing slower than the national average.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fair Oaks has a moderate risk of wildfire. There are 3,799 properties in Fair Oaks that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in Fair Oaks.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Fair Oaks has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fair Oaks is most at risk from hurricanes. 6,288 properties in Fair Oaks have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.