Fairfax First-Time Homebuyer Report for January

With 2,518 residents, Fairfax is an average-sized neighborhood in Oakland. Also, with 15,065.0 people per square mile, it has a higher than average density in comparison to other parts of the city. Fairfax has an home ownership ratio of 48.0% and a renting ratio of 43.5%. The best school in the neighborhood is Oakland Aviation High School.

Price Range

The housing prices of Fairfax are close to the city average with a median home value of $240,269 and a current average list price of $504,493. The Fairfax market remained cool this week as sales slid 50.0% to land at one home sold over the last 30 days.

Curious as to which homes have been getting the most attention in Fairfax? These listings have stirred up interest and produced the most views:

$599K   $500K  

Typical Dwelling

A two-bedroom detached home valued around $519,342 is considered a typical dwelling in Fairfax. If a buyer was looking for a similar home, they would need good credit and a $103,868 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,028 and the property tax rate is $7.10 per $1,000 of taxable assessed value.

Get started right now by checking out Fairfax homes for sale or reviewing Fairfax real estate trends.


Data reported through 1/12/2017

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Ask a local expert about this area:
Century 21 Real Estate Alliance
Snapped 1 home in this area
Capricorn Realty
Snapped 3 homes in this area
Grobecker Holland Int'l
Snapped 1 home in this area

Agents that specialize in this area
3 snaps in this area
2 snaps in this area
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