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.
Home Trends in Fairmount Park, VA
On average, homes in Fairmount Park, Norfolk sell after 35 days on the market compared to the national average of 51 days. The median sale price for homes in Fairmount Park, Norfolk over the last 12 months is $276,500, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$276,500
Median Single Family Sale Price
$276,500
Median Townhouse Sale Price
$307,450
Average Price Per Sq Ft
$193
Number of Homes for Sale
15
Last 12 months Home Sales
109
Median List Price
$278,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%