Housing in Fair Oaks, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$510,500
Median List Price
$475,000
Price Per Sq Ft
$346
Days on Market
60
Active Inventory
25
Months of Supply
1.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
63.6%
Sale-to-List Ratio
99.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
20
New Listings
23
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$346
Median List $/SF
$365
Fair Oaks vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Fair Oaks is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$580,500
Median Rent
$2,242
Total Housing Units
16,021
Vacancy Rate
3.6%
Owner Occupied
44.0%
Renter Occupied
56.0%
Median Property Tax
$5,907
per year
Monthly Cost (w/ Mortgage)
$2,548
Housing Types
The current median sale price in Fair Oaks, VA is $510,500 according to Redfin data. Homes spend a median of 60 days on the market. 25.0% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $346. The median rent is $2,242 per month (Census ACS). About 44.0% of housing units are owner-occupied. The median year homes were built is 1998. There are 16,021 total housing units.