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Fair Oaks, VA Housing

 
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As of 2010-2014, median price of a house in Fair Oaks is $420,200, which is much higher than the state average of $243,500 and is much higher than the national average of $175,700. The median year that a house in Fair Oaks was built is 1996, which is newer than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,519 Owner Occupied Houses in Fair Oaks, VA, #62
Fair Oaks, VA
420,200 USD
Virginia
243,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Fair Oaks, VA
-2.12%
Virginia
94.18%
U.S.
46.91%

*The Fair Oaks, VA median house price growth rate is since 2006-2010. The Virginia and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Fair Oaks, VAVirginiaU.S.
Total Housing Units14,534, see rank, 100%3,403,241132,741,033
Occupied Housing Units14,081, 96.88%, see rank89.38%87.55%
Owner Occupied6,519, 44.85%, see rank59.60%56.34%
Renter Occupied7,562, 52.03%, see rank29.78%31.21%
Vacant Housing Units453, 3.12%, see rank10.62%12.45%
For Rent111, 0.76%, see rank2.10%2.34%
For Sale Only82, 0.56%, see rank1.09%1.20%
Rented or Sold, Not Occupied116, 0.80%, see rank1.20%0.92%
For Seasonal, Recreational, or Occasional Use5, 0.03%, see rank2.67%3.97%
For Migrant Workers57, 0.39%, see rank0.02%0.03%
Other Vacant82, 0.56%, see rank3.55%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #45
Fair Oaks, VAVirginiaU.S.
199619801976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Fair Oaks, VA%VirginiaU.S.
Owner-Occupied Units6,519100%2,028,24474,787,460
With a Mortgage5,75288.23%, see rank71.14%65.58%
Without a Mortgage76711.77%, see rank28.86%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Fair Oaks, VA
2,428 USD
Virginia
1,742 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFair Oaks, VA%VirginiaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $499240.42%, see rank1.45%1.59%
$500 to $69900.00%, see rank3.72%5.01%
$700 to $999380.66%, see rank10.40%14.32%
$1,000 to $1,49960310.48%, see rank23.15%27.90%
$1,500 to $1,99998217.07%, see rank21.20%20.35%
$2,000 to $2,9992,73447.53%, see rank24.77%19.52%
$3,000 or More1,37123.84%, see rank15.06%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fair Oaks, VA
23.00% of the Total Income
Virginia
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fair Oaks, VA%VirginiaU.S.
10% or Less3085.35%, see rank6.18%5.86%
10% to 20%1,88732.81%, see rank32.74%31.95%
20% to 30%1,75230.46%, see rank29.30%27.64%
30% to 40%1,12619.58%, see rank13.96%13.74%
40% or More64611.23%, see rank17.46%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Fair Oaks, VA
662 USD
Virginia
429 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFair Oaks, VA%VirginiaU.S.
$199 or Less40.52%, see rank8.34%7.76%
$200 to $299182.35%, see rank17.18%14.70%
$300 to $49911414.86%, see rank35.90%34.63%
$500 to $69930740.03%, see rank20.27%21.16%
$700 or More32442.24%, see rank18.31%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fair Oaks, VA
10.00% of the Total Income
Virginia
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fair Oaks, VA%VirginiaU.S.
10% or Less49664.67%, see rank46.49%40.19%
10% to 20%16120.99%, see rank29.97%31.47%
20% to 30%182.35%, see rank10.53%12.24%
30% to 40%111.43%, see rank4.67%5.64%
40% or More8110.56%, see rank7.24%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Fair Oaks, VAVirginiaU.S.
Total Housing Units14,534, 100%3,403,241132,741,033
1-unit, Detached1,439, 9.90%, see rank61.97%61.65%
1-unit, Attached5,158, 35.49%, see rank10.88%5.82%
2 Units9, 0.06%, see rank1.67%3.75%
3 or 4 Units198, 1.36%, see rank2.74%4.43%
5 to 9 Units1,346, 9.26%, see rank4.64%4.78%
10 or More Units6,286, 43.25%, see rank12.76%13.08%
Mobile Home, Boat, RV, Van, etc.98, 0.67%, see rank5.34%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Fair Oaks, VAVirginiaU.S.
Total Housing Units14,534, 100%3,403,241132,741,033
1 Room341, 2.35%, see rank1.33%1.95%
2 Rooms1,023, 7.04%, see rank1.73%2.48%
3 Rooms2,259, 15.54%, see rank6.92%9.13%
4 Rooms2,497, 17.18%, see rank14.48%16.60%
5 Rooms2,214, 15.23%, see rank17.82%20.41%
6 Rooms2,794, 19.22%, see rank16.80%18.06%
7 Rooms1,451, 9.98%, see rank13.06%12.27%
8 Rooms708, 4.87%, see rank10.92%8.48%
9 Rooms or More1,247, 8.58%, see rank16.94%10.60%
Median Rooms5.00, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Fair Oaks, VAVirginiaU.S.
Total Housing Units14,534, 100%3,403,241132,741,033
No Bedroom341, 2.35%, see rank1.46%2.17%
1 Bedroom2,704, 18.60%, see rank8.47%11.16%
2 Bedrooms5,090, 35.02%, see rank23.83%26.69%
3 Bedrooms4,746, 32.65%, see rank39.65%39.70%
4 Bedrooms1,439, 9.90%, see rank20.28%16.05%
5 or More Bedrooms214, 1.47%, see rank6.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Fair Oaks, VAVirginiaU.S.
Total Housing Units14,081, 100%3,041,710116,211,092
Utility Gas7,882, 55.98%, see rank33.74%48.85%
Bottled, Tank, or LP Gas282, 2.00%, see rank4.51%4.86%
Electricity5,737, 40.74%, see rank52.28%36.68%
Fuel Oil, Kerosene, etc.152, 1.08%, see rank6.01%5.86%
Coal or Coke0, 0.00%, see rank0.08%0.12%
Wood0, 0.00%, see rank2.76%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel10, 0.07%, see rank0.29%0.47%
No Fuel Used18, 0.13%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFair Oaks, VAVirginiaU.S.
Occupied Units Paying Rent7,475, 100%957,68639,201,928
$199 or Less0, 0.00%, see rank1.61%1.50%
$200 to $29924, 0.32%, see rank2.46%3.18%
$300 to $4990, 0.00%, see rank5.54%7.37%
$500 to $699226, 3.02%, see rank10.39%16.01%
$700 to $999110, 1.47%, see rank22.57%29.17%
$1,000 to $1,4991,281, 17.14%, see rank30.50%26.88%
$1,500 to $1,9993,617, 48.39%, see rank15.76%9.79%
$2,000 or More2,217, 29.66%, see rank11.16%6.10%
Median$1,790, see rank$1,108$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Fair Oaks, VAVirginiaU.S.
Occupied Housing Units14,081, 100%3,041,710116,211,092
No Vehicles Available595, 4.23%, see rank6.38%9.12%
1 Vehicles Available5,726, 40.66%, see rank30.54%33.80%
2 Vehicles Available6,229, 44.24%, see rank38.24%37.48%
3 or More Vehicles Available1,531, 10.87%, see rank24.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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