Fair Lakes

Fair Lakes

Located in Fairfax County

$904,924 Average Value
$367 Average Price per Sq Ft
9 Homes For Sale

Interstate 66 and Fairfax County Parkway intersect at the center of Fair Lakes, a census-designated place in western Fairfax County. Less than 20 minutes from Washington Dulles International Airport, this community’s convenience for commuters is matched by its proximity to highly rated schools, sprawling parks and bustling shopping areas.

The two major highways divide Fair Lakes into four jagged quadrants. Business and industry dominate the northeastern and southeastern sections, while the northwestern section balances retail and restaurants with multi-family homes. These include one- to two-bedroom condos from the $200,000s to $300,000s and town houses from the $400,000s to $700,000s. A higher-cost condo development, Elan at East Market, fills two brick towers in the northeastern section with units costing up to the $700,000s. Single-family homes proliferate along winding streets to the southwest, from older, contemporary designs in the high $600,000s to 1990s Colonials hovering around $1 million. New constructions with transitional architecture pop up occasionally, ranging from $1.4 to $1.7 million.

Fair Lakes Shopping Center occupies acres of land within walking distance of many town houses and condos, so some residents can run errands without getting in the car. “It’s a storefront area where you’ve got a BJ’s and a Target and some of those very popular stores,” says local realtor Shelley Draheim of Long & Foster Real Estate LLC. “There are additional restaurants, so if you don’t want to cook that night, it’s pretty easy to walk across the street and have any type of cuisine you’re looking for.” Among Fair Lakes Shopping Center’s eateries is Cantina D’Italia, a classy Italian spot known for its fettuccine Bolognese. Across the street, Guapo’s Restaurant welcomes you to enjoy Hispanic favorites while admiring the colorful milieu, complete with fountains and ornate tilework. Meanwhile, Elan at East Market residents can cross the street to grab groceries at Whole Foods Market or work up a sweat at Row House.

If you’d rather exercise outside, you can choose from several green spaces around Fair Lakes. At the northwest corner, Poplar Tree Park features four baseball and softball fields of various sizes, plus soccer and rugby pitches. Arrowhead Park and Stringfellow Park offer a half-dozen more soccer fields to the southwest. Residents around Fair Lakes Shopping Center can walk, jog or bike along several miles of trails passing by community basketball, tennis and volleyball courts. And those in detached homes can enjoy tree-covered views of the Little Rocky Run waterway along the Willow Pond Trail.

All eight Fairfax County Public Schools serving Fair Lakes have Bs or higher from Niche, including Greenbriar East, Powell and Eagle View Elementary Schools. These accommodate pre-K through sixth grade, while most seventh and eighth graders in Fair Lakes attend Katherine Johnson Middle School, which GreatSchools rates 8/10 for test scores. Finally, teens arrive at Fairfax High School, about a 14-minute drive east. Fairfax High features a highly diverse body of over 2,300 students who can experience advanced training in various creative trades at the Fairfax Academy for Communications and the Arts. A few residents in the northwestern section of Fair Lakes attend Greenbriar West Elementary, Rocky Run Middle and Chantilly High School, all boasting extremely high Niche scores.

Draheim says Fair Lakes feels homier than its high concentration of commercial real estate might suggest. “It’s old enough that you still have mature trees and greenery. You don’t feel like you’ve moved into this brand-new area where it’s all plowed down. You enjoy coming home,” she says. “But on the flip side, you’re so close to the amenities — the restaurants, food, shopping and the airport — and there are a lot of corporations locating out towards the airport, so that’s even making it a more popular area.”

Sally Stimpson
Written By
Sally Stimpson

Interested in learning more about homes in this area? Reach out to Jaeyong Yoon, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Fair Lakes Housing Trends

Housing Trends

Median List Price
$557,500
Median Sale Price
$565,000
Median Single Family Sale Price
$1,314,000
Median Townhouse Sale Price
$615,000
Median 2 Bedroom Sale Price
$440,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
41
Median Home Sale Price YoY Change
-$2
Average Price Per Sq Ft
$367

Neighborhood Facts

Number of Homes for Sale
9
Months of Supply
2.60

Open Houses

  • Friday, Jun 20
    12 - 2pm

    4490 Market Commons Dr Unit 602, Fairfax, VA 22033

    $589,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 4490 Market Commons Dr
    • Unit 602
    • New 21 days ago

    Open House & Broker Open Friday 12-2 PM Luxurious 2-Bedroom Retreat at Elan Condos, East Market. Experience modern elegance in the heart of Fairfax. Lightly used and meticulously maintained by original snowbird owners, only 34 months of use, this turnkey home feels brand new. Enjoy an open-concept layout with 8+ ft ceilings, plush carpet, and a sun-filled living space. The gourmet kitchen

    Gift Thongpia-Hughes Keller Williams Realty

  • Friday, Jun 20
    5 - 7pm

    12426A Liberty Bridge Rd, Fairfax, VA 22033

    $575,000

    • 3 Beds
    • 2.5 Baths
    • 1,556 Sq Ft
    • 12426A Liberty Bridge Rd
    • New 8 days ago

    Location, Location, Location!!! Welcome to this Charming 3 Bedroom, 2.5 Bath Townhouse-Style Condo Nestled in the Heart of East Market II of Fair Lakes. This Home is Freshly Painted and has Great Appeal Inside & Out. The Kitchen, Dining Area and Family Room are located on the Main Level. Whirlpool Stainless Steel Kitchen Appliances, Large Cabinetry, Granite Countertops, Shaker Wall Wine Rack,

    Jenny Murphy Samson Properties

  • Saturday, Jun 28
    10am - 3pm

    4810 Christie Jane Ln, Fairfax, VA 22030

    $1,350,000

    • 5 Beds
    • 4.5 Baths
    • 5,813 Sq Ft
    • 4810 Christie Jane Ln
    • New 16 days ago

    Huge luxurious open floor plan, About 6000 Sq Ft of living space. 2 story family room with Coffered ceiling, Kitchen has been remodeled, Large Sun Room, New Stainless Steel Appliances, New Washer, Dryer, HW floors refinished, breath taking Screen in Patio, Beautiful home Gym which has commercial grade equipment, treadmill, Smith machine, & TV conveys. New Front Door, New Sliding Door, New

    Dae Park Ikon Realty - Ashburn

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Fair Lakes Has More Owners

Demographics

Total Population
8,124
Median Age
39
Population under 18
22.2%
On par with the national average
23.8%
Population over 65
12.4%
Below the national average
19.1%

Finances

Median Household Income
$124,727
Significantly above the national average
$71,702
Average Household Income
$144,819

Education and Workforce

High School Graduates
94.7%
College Graduates
68.6%
Significantly above the national average
34.1%
Advanced Degrees
33.2%
Above the national average
13.3%
% Population in Labor Force
74.8%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
16''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Fair Lakes