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Fair Oaks, VA
Full City Profile · Virginia · Fairfax city County
3.7
/5.0
B+
Good
35,472
Population
7,109/sq mi density
$119,387
Median Income
$66,370 per capita
$580,500
Home Value
$780,777 Zillow
$2,242
Median Rent
29.2% income on rent
54°F
Avg Temperature
293 sunny days/yr
74
Violent Crime/100K
1,709 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$119,387 median income, 4.2% unemployment
B+
Affordability
3.9 / 5.0
$580,500 home value, $2,242/mo rent
F
Safety
1.0 / 5.0
74 violent crimes/100K
A+
Education
5.0 / 5.0
69.5% bachelor's degree or higher
Housing Overview
Median Home Value
$580,500
106% above
US avg: $281,900
Median Rent
$2,242/mo
93% above
US avg: $1,163/mo
Homeownership Rate
44.0%
33% below US avg (65.4%)
Total Housing Units
15,850
Median year built: 1997
Home Value by Source
Census Median
$580,500
Zillow (ZHVI)
$780,777
Median Sale Price
$419,950
Median List Price
$610,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.0%
Owner-Occupied
56.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$2,242/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$371
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
44.0%
Complete Housing Data
Home Values
| Census Median Value | $580,500 |
| Zillow Home Value (ZHVI) | $780,777 |
| Median Sale Price | $419,950 |
| Median List Price | $610,000 |
| Price Per Sq Ft | $371 |
Rent
| Census Median Rent | $2,242 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.0% |
| Homes Sold | 20 |
| Active Inventory | 30 |
| Price Per Sq Ft | $371 |
Ownership & Stock
| Owner-Occupied | 44.0% |
| Renter-Occupied | 56.0% |
| Homeownership Rate | 44.0% |
| Total Housing Units | 15,850 |
| Median Year Built | 1997 |
| Rent Burden | 29.2% |