The housing median value in 22033 Fair Oaks, VA is significantly higher than the US median value, currently standing at $594,600. This is quite a large difference compared to the US median house value of $338,100. Despite this high median value, the 1 year house appreciation in Fair Oaks is only 3.59%, much lower than the US 1 year house appreciation of 8.27%. This suggests that overall real estate appreciation in Fair Oaks has been slower than many other areas across the United States.
The median home cost in Fair Oaks (zip 22033) is $594,600. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Fair Oaks (zip 22033) is up 8.6%.
Average Age of Homes
- The median age of Fair Oaks (zip 22033) real estate is 27 years old
The Rental Market in Fair Oaks (zip 22033)
- Renters make up 36.4% of the Fair Oaks (zip 22033) population
- 1.9% of houses and apartments in Fair Oaks (zip 22033), 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.