Is Fair Oaks, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Fair Oaks is a seller's market


Difference Since August 2022

Since last year, Fair Oaks has remained a Seller's Market.

Key Takeaway

Fair Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Fair Oaks, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Fair Oaks have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Fair Oaks was $301,000 in August 2023, down 2.9% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $216.5K$226.5K
3 $300K$297.4K
4 $350K$360K
5+ $362.5K$395K

Summary: Fair Oaks housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Fair Oaks

Housing Supply

How many homes are available in Fair Oaks, GA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Fair Oaks real estate market had 78 homes for sale in August 2023, a 8.3% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 77
3 3943
4 2424
5+ 24

Summary: The Fair Oaks housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fair Oaks, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Fair Oaks in August 2023, down by 4.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 10% were sold at asking, and 48% were sold over asking.

Days on Market

How long does it take to sell a home in Fair Oaks, GA?

Average Sale Time

Aug 2022Aug 2023CHANGE
18 Days16 Days-10.6%

Summary: Homes in Fair Oaks had an average of 16 days on market in Aug 2023, down by 10.6% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fair Oaks are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 21 homes were sold in Fair Oaks; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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Nearby Markets

What housing markets are near Fair Oaks, GA?