Frequently Asked Questions Why Live in Fair Oaks Estates
Is Fair Oaks Estates a good place to live?
Fair Oaks Estates is a good place to live. Fair Oaks Estates is considered car-dependent and bikeable with some transit options. Fair Oaks Estates has 3 parks for recreational activities. It has a median age of 35. The average household income is $56,033 which is below the national average. College graduates make up 19.6% of residents. A
local real estate agent serving Fair Oaks Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Fair Oaks Estates neighborhood guide.
Is Fair Oaks Estates, IL a safe neighborhood?
Fair Oaks Estates, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Fair Oaks Estates?
The median home price in Fair Oaks Estates is $300,000. If you put a 20% down payment of $60,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Fair Oaks Estates. The average household income in Fair Oaks Estates is $56K.
What are the best public schools in Fair Oaks Estates?
The best public schools that serve Fair Oaks Estates are:
What are the best private schools in Fair Oaks Estates?
The best private schools that serve Fair Oaks Estates are:
What are the most popular zip codes in Fair Oaks Estates, Waukegan, IL?
What are the most popular neighborhoods near Fair Oaks Estates, Waukegan, IL?
Home Trends in Fair Oaks Estates, IL
On average, homes in Fair Oaks Estates, Waukegan sell after 7 days on the market compared to the national average of 50 days. The median sale price for homes in Fair Oaks Estates, Waukegan over the last 12 months is $286,000, up 47% from the median home sale price over the previous 12 months.
Median Sale Price
$286,000
Median Single Family Sale Price
$286,000
Average Price Per Sq Ft
$167
Last 12 months Home Sales
7
Median List Price
$300,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
47%