Why Live in Faircrest
Faircrest, a neighborhood in Madison, features a variety of home styles including midcentury modern, ranch, split-level, and Colonial Revival, primarily built in the 1960s and 70s. The area is known for its large lots, mature trees, and numerous parks and green spaces. Residents enjoy proximity to nature with frequent sightings of local wildlife such as turkeys, deer, coyotes, and hawks. Owen Conservation Park offers nearly 100 acres of oak savannah, while Garner Park provides a scenic overlook, skating rink, and pickleball courts. The Parkcrest Swim & Tennis Club requires membership and is located on Inner Drive. For shopping, West Towne Mall is less than 2 miles away, and Market Square Shopping Center is nearby. Dining options include Oakcrest Tavern, Otto’s Restaurant and Bar, and Saigon Noodles. The neighborhood association organizes events like the annual Faircrest Halloween Fest and collaborates with Parkwood Hills for additional activities. Downtown Madison is 5 miles away, accessible via Mineral Point Road, and the new Bus Rapid Transit system has stops within the neighborhood. Cyclists can use the Southwest Commuter Path located southeast of Faircrest. Schools in the area include Glenn Stephens Elementary and Vel Phillips Memorial High School, both highly rated and within walking distance for some residents. The neighborhood is safer than the national average, adding to its appeal for families.
Frequently Asked Questions
Is Faircrest a good place to live?
Faircrest is a good place to live. Faircrest is considered somewhat walkable and bikeable with some transit options. Faircrest has 2 parks for recreational activities. It has a median age of 43. The average household income is $108,907 which is above the national average. College graduates make up 60.1% of residents. A majority of residents in Faircrest are home owners, with 44.2% of residents renting and 55.8% of residents owning their home. A
local real estate agent serving Faircrest can help you decide if this neighborhood is the right one for you. Learn more on our
Faircrest neighborhood guide.
How much do you need to make to afford a house in Faircrest?
The median home price in Faircrest is $419,500. If you put a 20% down payment of $83,900 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Faircrest. The average household income in Faircrest is $109K.
What are the best public schools in Faircrest?
The best public schools that serve Faircrest are:
What are the best private schools in Faircrest?
The best private schools that serve Faircrest are:
What are the most popular zip codes in Faircrest, Madison, WI?
What are the most popular neighborhoods near Faircrest, Madison, WI?
Home Trends in Faircrest, WI
On average, homes in Faircrest, Madison sell after 24 days on the market compared to the national average of 52 days. The median sale price for homes in Faircrest, Madison over the last 12 months is $525,000, up 139% from the median home sale price over the previous 12 months.
Median Sale Price
$525,000
Median Single Family Sale Price
$620,000
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$174,950
Average Price Per Sq Ft
$219
Number of Homes for Sale
3
Last 12 months Home Sales
15
Median List Price
$419,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
139%