Fair Lakes, VA Housing Market
The Fair Lakes housing market is very competitive. The median sale price of a home in Fair Lakes was $635K last month, up 74.0% since last year. The median sale price per square foot in Fair Lakes is $351, up 1.7% since last year.
Fair Lakes Housing Market Trends
In March 2024, Fair Lakes home prices were up 74.0% compared to last year, selling for a median price of $635K. On average, homes in Fair Lakes sell after 5 days on the market compared to 17 days last year. There were 9 homes sold in March this year, up from 7 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Fair Lakes housing market?
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 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 15 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 21 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
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 4% above list price and go pending in around 5 days.
- Hot homescan sell for about 8% above list price and go pending in around 3 days.
Fair Lakes Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Fair Lakes from outside metros.
- New York homebuyers searched to move into Fair Lakes more than any other metro followed by Atlanta and Hartford.
- 81% of Fair Lakes homebuyers searched to stay within the Fair Lakes metropolitan area.
- Salisbury was the most popular destination among Fair Lakes homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Fair Lakes
Recent offers
- Offer Not Accepted|7 Weeks Ago~$600K OfferSold for $600K3 bd | 3.5 ba | ~1,750 sqftOver List Price4%Days on Market5Competing Offers6Down Payment—
- Offer Not Accepted|7 Weeks Ago~$600K OfferSold for $600K3 bd | 3.5 ba | ~1,750 sqftOver List Price5%Days on Market5Competing Offers9Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$750K OfferSold for $750K4 bd | 3.5 ba | ~2,750 sqftOver List Price0%Days on Market6Competing Offers4Down Payment~20%
View houses in Fair Lakes that sold recently
Recently sold homes
- $933,480 Last Sold Price3 beds3.5 baths1,974 sq ft4363 Fair Lakes Ct, Fairfax, VA 22033(844) 552-7444List Price$933,480Sale to List0% over listDays on Market0 days4363 Fair Lakes Ct, Fairfax, VA 22033
- $440,000 Last Sold Price2 beds2 baths1,230 sq ft4600 Superior Sq #4600, Fairfax, VA 22033(833) 335-7433List Price$440,000Sale to List0% over listDays on Market40 days4600 Superior Sq #4600, Fairfax, VA 22033
- $668,000 Last Sold Price4 beds3.5 baths2,106 sq ft13116 Willow Stream Ln, Fairfax, VA 22033(202) 670-5352List Price$615,000Sale to List9% over listDays on Market26 days13116 Willow Stream Ln, Fairfax, VA 22033
- $580,000 Last Sold Price3 beds3.5 baths1,648 sq ft13109 Quail Creek Ln, Fairfax, VA 22033List Price$549,990Sale to List5% over listDays on Market33 days13109 Quail Creek Ln, Fairfax, VA 22033
- $475,000 Last Sold Price2 beds2.5 baths1,320 sq ft12665 Fair Crest Ct #304, Fairfax, VA 22033(703) 691-7653List Price$485,000Sale to List2% under listDays on Market27 days12665 Fair Crest Ct #304, Fairfax, VA 22033
- $1,099,999 Last Sold Price4 beds4.5 baths4,665 sq ft4982 Collin Chase Pl, Fairfax, VA 22030(703) 659-1159List Price$1,099,999Sale to List0% over listDays on Market19 days4982 Collin Chase Pl, Fairfax, VA 22030
- $425,000 Last Sold Price2 beds2 baths1,028 sq ft4210-N Mozart Brigade Ln Unit N, Fairfax, VA 22033List Price$425,000Sale to List0% over listDays on Market25 days4210-N Mozart Brigade Ln Unit N, Fairfax, VA 22033
- $750,000 Last Sold Price4 beds3.5 baths2,669 sq ft4706 Warm Hearth Cir, Fairfax, VA 22033(703) 222-3300List Price$719,000Sale to List4% over listDays on Market28 days4706 Warm Hearth Cir, Fairfax, VA 22033
See all recently sold homes in Fair Lakes.
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Schools in Fair Lakes
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Fair Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Fair Lakes.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Fair Lakes
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