Why Live in Fairmount Park
Fairmount Park in Norfolk is a residential neighborhood situated east of the Lafayette River, bordered by Tidewater Drive and Chesapeake Boulevard. The area is predominantly composed of small 1950s bungalows, ranch styles, and Cape Cod homes, with larger traditional-style houses from the 1990s and early 2000s. The neighborhood is car-dependent, with major grocery and department stores located within a short commute. Fairmount Park is about 3 miles from downtown Norfolk and 4 miles from Norfolk International Airport, with public bus services available through the Hampton Roads Transit system. The community is known for its affordability and active civic league, which focuses on improving safety, cleanliness, and overall atmosphere. Revitalization efforts by the city have included upgrading water lines and rebuilding streets.
Students in Fairmount Park attend Norfolk Public Schools, with Maury High School being highly rated and offering diverse extracurricular activities and sports programs. Shoop Park, a 5-acre fully fenced park, is a local highlight featuring a playground, splash pad, athletic facilities, picnic shelters, and a paved trail with exercise stations. The Virginia Zoo, located about 2 miles east, is another nearby attraction. Dining options are limited but include Manny’s Burger, a long-standing neighborhood staple. Residents have access to a Food Lion within the neighborhood and are within 4 miles of other major stores like Harris Teeter, Lowe’s, Target, and Walmart Supercenter. The neighborhood is safer than the national average, providing a relatively low crime risk environment.
Frequently Asked Questions
Is Fairmount Park a good place to live?
Fairmount Park is a good place to live. Fairmount Park is considered somewhat walkable and bikeable with some transit options. Fairmount Park is a suburban neighborhood. Fairmount Park has 6 parks for recreational activities. It is somewhat dense in population with 10.2 people per acre and a median age of 38. The average household income is $65,392 which is below the national average. College graduates make up 16.3% of residents. A majority of residents in Fairmount Park are home owners, with 45.8% of residents renting and 54.2% of residents owning their home. A
local real estate agent serving Fairmount Park can help you decide if this neighborhood is the right one for you. Learn more on our
Fairmount Park neighborhood guide.
How much do you need to make to afford a house in Fairmount Park?
The median home price in Fairmount Park is $283,283. If you put a 20% down payment of $56,700 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $61K a year to afford the median home price in Fairmount Park. The average household income in Fairmount Park is $65K.
What are the best public schools in Fairmount Park?
The best public schools that serve Fairmount Park are:
- Maury High School has a B+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.6.
- Norview High School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 3.8.
- Norview Middle School has a C Niche grade, a student teacher ratio of 13:1 and an average review score of 2.7.
What are the best private schools in Fairmount Park?
The best private schools that serve Fairmount Park are:
What are the most popular zip codes in Fairmount Park, Norfolk, VA?
What are the most popular neighborhoods near Fairmount Park, Norfolk, VA?
Home Trends in Fairmount Park, VA
On average, homes in Fairmount Park, Norfolk sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Fairmount Park, Norfolk over the last 12 months is $272,500, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$272,500
Median Single Family Sale Price
$280,500
Median Townhouse Sale Price
$307,450
Average Price Per Sq Ft
$194
Number of Homes for Sale
15
Last 12 months Home Sales
98
Median List Price
$283,283
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%