Why Live in Fairlane
Fairlane, a neighborhood in Dayton, is characterized by its residential streets below Highway 35, featuring sidewalks, mature trees, and an active community association. The area is divided by Liscum Drive, with the east side showcasing red brick ranch-style, split-level, and New Traditional homes, while the west side boasts custom-built homes from the 1970s. Fairlane is known for its affordability, with home prices ranging from $40,000 to $240,000. The Dayton VA Medical Center campus, one of the largest in the U.S., is a significant local feature, along with the Dayton National Cemetery and the Dayton Grotto Gardens, which offer lighted pathways, rock formations, and memorial gardens. Nearby, Lakeside Park and Arthur O Fisher Park provide recreational opportunities, including fishing, picnicking, and sports courts. The Montgomery County Fairgrounds, adjacent to Fairlane, hosts the annual county fair and various events throughout the year. While the area has seen a decline in commercial business, the Dayton VA Medical Center remains a key employer, and residents have access to shopping and dining options at Westown Shopping Center and along Highway 35. Public transportation is available along the neighborhood's borders, and downtown Dayton is under 6 miles east. Traffic can be congested around the VA hospital and major roads during rush hours. Dayton International Airport is 15 miles away.
Frequently Asked Questions
Is Fairlane a good place to live?
Fairlane is a good place to live. Fairlane is considered very car-dependent and somewhat bikeable. Fairlane is a suburban neighborhood. Fairlane has 6 parks for recreational activities. It is sparse in population with 1.8 people per acre and a median age of 46. The average household income is $53,110 which is below the national average. College graduates make up 18.6% of residents. A majority of residents in Fairlane are home owners, with 43.5% of residents renting and 56.5% of residents owning their home. A
local real estate agent serving Fairlane can help you decide if this neighborhood is the right one for you. Learn more on our
Fairlane neighborhood guide.
How much do you need to make to afford a house in Fairlane?
The median home price in Fairlane is $165,000. If you put a 20% down payment of $33,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $35K a year to afford the median home price in Fairlane. The average household income in Fairlane is $53K.
What are the best public schools in Fairlane?
The best public schools that serve Fairlane are:
What are the most popular zip codes in Fairlane, Dayton, OH?
What are the most popular neighborhoods near Fairlane, Dayton, OH?
Are home prices dropping in Fairlane?
Yes, home prices in Fairlane are down 5% in the last 12 months.
Home Trends in Fairlane, OH
On average, homes in Fairlane, Dayton sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Fairlane, Dayton over the last 12 months is $162,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$162,000
Median Single Family Sale Price
$167,500
Average Price Per Sq Ft
$97
Number of Homes for Sale
1
Last 12 months Home Sales
16
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%