Fair Lakes, Virginia

A vibrant Fairfax County hub centered on the Fair Lakes Shopping Center, with modern townhomes and condos, excellent Fairfax County Parkway access, and a convenient, amenity-rich location.

Fairfax County, VA$450K – $850K+
Community Overview

A Great Place to Call Home in Fairfax County

Fair Lakes is a well-established Fairfax County community that attracts buyers for its strong combination of location, schools, and commuting convenience. With its established neighborhoods, well-maintained homes, and access to Northern Virginia's best amenities, Fair Lakes consistently delivers strong value and quality of life.

The community benefits from its position within Fairfax County — home to one of the nation's best public school systems, a robust job market, and excellent public services. Residents enjoy the suburban comfort of tree-lined streets and neighborhood parks alongside easy access to major employment centers across Northern Virginia and Washington DC.

Homes in Fair Lakes typically range from $450K – $850K+, offering a mix of architectural styles and home types suited to first-time buyers, move-up families, and those looking to right-size. The community's established character, strong schools, and convenient location make it a consistently popular choice for buyers across multiple demographics.

Fair Lakes at a Glance

Location
Fairfax County, VA
Price Range
$450K – $850K+
Schools
Fairfax HS & Chantilly HS pyramids
Commute
~30 min drive to DC · Fairfax County Parkway · ~15 min to Dulles
Who It Suits Best

The Ideal Fair Lakes Buyer

Fair Lakes appeals to buyers who prioritize convenience — shopping, dining, and services are steps away — along with modern housing options and a central Fairfax County location ideal for professionals and downsizers.

Families

With strong schools, safe neighborhoods, and community amenities, Fair Lakes is an excellent choice for families at every stage — from first-time buyers to those needing more space.

Commuters

The location offers convenient access to major commuting routes, making Fair Lakes an ideal home base for professionals working across Northern Virginia and Washington DC.

Value Seekers

Fair Lakes offers strong value relative to nearby communities — buyers get more home, more lot, and the same great Fairfax County services and schools at a more accessible price point.

Housing & Amenities

Homes, Schools & Local Highlights

The Fair Lakes real estate market features a mix of well-maintained single-family homes, townhomes, and condos — offering options for buyers across different budgets and life stages. School assignments should always be verified through Fairfax County Public Schools or by contacting me directly.

Key Highlights
Fair Lakes Shopping Center — retail & dining
Fairfax County Parkway — easy access
Modern townhomes & condos

Ready to Explore Fair Lakes?

I'm Barbara Jennings — 20+ years in Fairfax County. Let's find your home in Fair Lakes.

REALTOR · 0225179074 · VA

Community Market Snapshot

Fairfax County, VA Real Estate: Current Market Data

Updated September 3, ​2026
Active Listings
~2,102
Pending / Under Contract
~1,601
Avg. Days on Market
~12-19 days
Median Sale Price
$813,000
Price Range: Condos and townhomes from the $300Ks–$600Ks; single-family homes from the $600Ks to $2M+; luxury properties in Great Falls, McLean, and Vienna well above $1M

Fairfax County holds the deepest inventory in Northern Virginia as of September 24, 2026: about 2,102 active homes at a 2026 high, roughly 1,601 pending, and a county median sale price near $813,000 (up 3.4% year over year on the trailing-three-month reading). Inventory at a 2026 high gives buyers genuine leverage, while a growing share of listings sit 30 days or longer, so sellers who price to the current data and market broadly see the strongest results.

30-Year Fixed Rate: 6.95% (Freddie Mac, week ending September 17, 2026), up from 6.76% a week earlier

Area-level data for Fairfax County, updated September 24, 2026. Active house inventory reached 2,102 in the week ending September 15, 2026, a 2026 high and about 28% above the same week in 2025 (Bellacasa Partners tracker), with roughly 1,601 homes pending (Redfin). NVAR's August 2026 report for Northern Virginia (Fairfax and Arlington counties plus nearby cities) put the median sold price at $765,000, up 2.0% year over year, while Redfin's county median is about $813,000 over the trailing three months (up 3.4%) and Zillow's average home value is $760,599. Weekly data for mid-August showed about 19 median days on market for under-contract houses and Zillow reports about 12 days to pending; as of September 9, about 58% of active houses had been listed 30 days or more. The official September 2026 county report publishes in mid-October (NVAR). 30-year fixed mortgage rate 6.95% (Freddie Mac, week ending September 17, 2026, the latest published reading), up from 6.76% the prior week.

Want neighborhood-specific insights for Fairfax County, VA?

Contact Barbara Jennings at eXp Realty for the latest market data, comparable sales, and personalized advice on buying or selling in this community.

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