Photo: Famartin · CC BY-SA 4.0362 homes sold in Fair Oaks in the last year, at a typical $596K
Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fair Oaks homes are listed.
Every place Fair Oaks homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fair Oaks.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
42% of Fair Oaks’ sales are condos, at $784K less than a house
30 houses and 153 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 30 sold in 12 months
- Per square foot
- $349VA $222
- Days to sell
- 69
- Sold over asking
- 43%
- Listings with a price cut
- 40%
typical sale · 153 sold in 12 months
- Per square foot
- $363VA $301
- Days to sell
- 38
- Sold over asking
- 27%
- Listings with a price cut
- 25%
Townhouses: 179 sold, typical $727K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.5 times the 2016 price
362 sales in the last year, against 648 in 2021 and a low of 290 in 2023. The typical sale went from $402K in 2016 to $596K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Fair Oaks
Check a listing against what Fair Oaks homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fair Oaks are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Fair Oaks’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 362 sales.
If you’re buying in Fair Oaks
- Shop in June. It brings about 59 new listings a month, close to the busiest month, with fewer bidding wars (40% over asking).
- Some room to negotiate. 27% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 38% paid over.
- Move fast on good ones. 60% of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 65 a month), but April is the most competitive: 51% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (40%). January has the least competition (29%) but only about 30 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Virginia
| Fair Oaks now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 38% | 32% | 49% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 60% | 48% | 70% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 29% | 17% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 99.6% | 101.1% | 99.3% |
| Days to sellMedian days from listing to contract | 33 | 19 | 18 | 38 |
43 homes for sale on a typical day
That’s 2.2 times the 2023 low (20), 26% fewer than in 2017–19 and well under 2015’s 120.
1 in 4 listings has cut its price
27% in the last year, against 29% in 2017–19 and 25% across Virginia.
Since 2019, houses are up 52%, condos 34%
A house typically sold for $1.2M in the last year (30 sales), a condo for $409K (153).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Fair Oaks ranks 59th of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fair Oaks is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fair Oaks home costs about $3,604 a month
Price: Fair Oaks’ typical sale, last 12 months. Property tax at Fair Oaks’ 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fair Oaks is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 19.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $596K home, about $5,930 a year.
Taxes vs. neighborsSchools
The schools grade for Fair Oaks, from test results, graduation and how much students grow.
Schools in Fair OaksTypical commute
The average one-way trip to work for people who live in Fair Oaks.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Navy and Braddock sell for less a square foot
The busier markets within 25 miles of Fair Oaks, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Fairfax | 415 | $762K | $353 | 40% | 36 |
| Fair Oaks | 362 | $596K | $356 | 38% | 33 |
| Difficult Run | 126 | $1.3M | $346 | 44% | 30 |
| Fair Lakes | 93 | $562K | $365 | 26% | 39 |
| Braddock | 72 | $1.2M | $326 | 58% | 31 |
| Greenbriar | 67 | $785K | $393 | 52% | 22 |
| Navy | 27 | $1.1M | $308 | 52% | 38 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fair Oaks, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fair Oaks. People who follow the town see it, and so do people comparing Fair Oaks with their own town. No commission, no listing fee.
Questions about buying a home in Fair Oaks
What do homes sell for in Fair Oaks, VA?
362 homes sold in the year to May 2026 at a typical $596K, $356 a square foot. Houses sold for about $1.2M, condos for about $409K.
Is Fair Oaks a buyer’s or seller’s market?
A seller’s market: 56 homes were for sale in May 2026 and 39 sold, about 1.4 months of supply. Buyers paid 100.1% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Fair Oaks?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fair Oaks?
About 1% of a home’s value a year. On a $596K home that’s near $5,930.
Where can I see homes for sale in Fair Oaks?
Zillow, Redfin, Realtor.com and Homes.com all carry Fair Oaks’ MLS listings; the search links above open each one filtered to Fair Oaks.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).