Fair Oaks Real Estate Market Trends
Market Overview for Quarter 4, 2024
Median Sale Price
7% YoY
Median Price/Sqft
8.1% YoY
No. of Transactions
-5.7% YoY
County Median Sale Price
-5.2% YoY
In Q4, the median home sale price in Fair Oaks was $610K, an increase of 7% year-over-year. By contrast, sales activity trended down with 115 deals closed, representing a decline of -5.7% compared to the same period last year. The median price per square foot in Q4 was $332, a change of 8.1% year-over-year, while the median sale price in Sacramento County was $507K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Sacramento County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Folsom | $747,000 |
| 2 | Elk Grove | $615,000 |
| 3 | Fair Oaks | $610,000 |
| 4 | Galt | $560,000 |
| 5 | Carmichael | $557,500 |
| 6 | Rancho Cordova | $525,000 |
| 7 | Orangevale | $514,000 |
| 8 | Antelope | $510,000 |
| 9 | Citrus Heights | $467,250 |
| 10 | Sacramento | $455,000 |
| 11 | Rio Linda | $410,000 |
| 12 | North Highlands | $372,750 |
Residential Property Types Sold in Fair Oaks
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $599K | 100.2% | $338 | 23.4% | 8 |
| House | $610K | 6.8% | $332 | 7.8% | 107 |
The median sale price for houses in Fair Oaks in Q4 was $610K, up 6.8% year-over-year. Similarly, the median price for condos in Fair Oaks was also on the rise, gaining 100.2% to reach $599K in Q4.
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