Fair Oaks, CA is an attractive area for potential homebuyers with a median housing value of $575,100. This is considerably higher than the US median housing value of $338,100. However, growth in the Fair Oaks area has been slower over the past year than on a national level with an appreciation rate of only 3.56%, much lower than the national rate of 8.27%. Therefore, it may be more difficult to find property that appreciates quickly in Fair Oaks compared to other parts of the country.
The median home cost in Fair Oaks is $575,100. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Fair Oaks is up 9.7%.
Average Age of Homes
- The median age of Fair Oaks real estate is 41 years old
The Rental Market in Fair Oaks
- Renters make up 31.9% of the Fair Oaks population
- 1.8% of houses and apartments in Fair Oaks, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.