Why Live in Faircloud
Faircloud, located less than 5 miles from downtown Edmond and within a mile of Interstate 35, is a neighborhood known for its active community and friendly residents. The homeowner’s association frequently organizes events such as outdoor movie nights, concerts, food truck nights, and July 4th parades, centered around the large park that features a basketball court, playground, and walking trails. Traditional-style homes, built primarily in the late 1980s, are well-maintained with meticulous landscaping, reflecting the pride of the residents. The neighborhood offers a low crime risk compared to the national average, making it a safer place to live. Faircloud is part of the highly rated Edmond Public Schools district, with many students attending Northern Hills Elementary, Cheyenne Middle, and Edmond North High. For those seeking things to do, downtown Edmond is just over 4 miles away, offering a variety of dining options along 2nd Street and Broadway. Additionally, the Oklahoma City metro area, less than 20 miles south, provides access to major attractions such as the OKC Thunder basketball games, off-Broadway musicals, and national concerts. The proximity to I-35 ensures convenient travel throughout the region.
Frequently Asked Questions
Is Faircloud a good place to live?
Faircloud is a good place to live. Faircloud is considered very car-dependent and somewhat bikeable. Faircloud is a suburban neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Faircloud has 6 parks for recreational activities. It is fairly sparse in population with 3.3 people per acre and a median age of 48. The average household income is $169,478 which is above the national average. College graduates make up 77.3% of residents. A majority of residents in Faircloud are home owners, with 9.7% of residents renting and 90.3% of residents owning their home. A
local real estate agent serving Faircloud can help you decide if this neighborhood is the right one for you. Learn more on our
Faircloud neighborhood guide.
Is Faircloud, OK a safe neighborhood?
Faircloud, OK is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Faircloud?
The median home price in Faircloud is $415,000. If you put a 20% down payment of $83,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $92K a year to afford the median home price in Faircloud. The average household income in Faircloud is $169K.
What are the best public schools in Faircloud?
The best public schools that serve Faircloud are:
What are the best private schools in Faircloud?
The best private schools that serve Faircloud are:
What are the most popular zip codes in Faircloud, Edmond, OK?
What are the most popular neighborhoods near Faircloud, Edmond, OK?
Home Trends in Faircloud, OK
On average, homes in Faircloud, Edmond sell after 105 days on the market compared to the national average of 70 days. The median sale price for homes in Faircloud, Edmond over the last 12 months is $288,025, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$288,025
Median Single Family Sale Price
$407,000
Average Price Per Sq Ft
$190
Number of Homes for Sale
1
Last 12 months Home Sales
19
Median List Price
$415,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-27%