Home prices
Fairfax's median home cost is $285,400. This is approximately $57,900 (25%) higher in comparison to nearby areas.In comparison to the rest of the country it is approximately $67,900 (31%) higher, and is is very similar in comparison to the city of Burlington.
Rents
Fairfax's median rent is $900 a month. Compared to its nearby areas this is about $200 (18%) lower.Compared to the nation as a whole it is approximately $162 (15%) lower, and is about $313 (25%) lower compared to the city of Burlington.
Nearby places
Milton
Milton is about 4 miles southwest from Fairfax. The housing prices there are somewhat less expensive. The value of the median home in Milton is $255,400, which comes out to $30,000 (11%) lower than Fairfax. Its rents are somewhat more expensive. The median monthly rent in Milton is $1,169, which is $269 (23%) higher than Fairfax.
Cambridge
Cambridge is approximately 5 miles east from Fairfax. The housing prices there are a lot less expensive. The median home cost in Cambridge is $181,300, which comes out to $104,100 (57%) lower than Fairfax. Rents there are a bit more expensive. In Cambridge the median monthly rent is $1,008, which is $108 (10%) higher than Fairfax.
Jeffersonville
Jeffersonville is approximately 7 miles east from Fairfax. The real estate prices there are a little less expensive. The median home in Jeffersonville costs $221,800, which is $63,600 (28%) lower than Fairfax. Rents there are a little more expensive. In Jeffersonville the median rent is $1,006 a month, which is $106 (10%) higher than Fairfax.
St. Albans
St. Albans is approximately 9 miles north of Fairfax. Its housing prices are substantially less expensive. The median home in St. Albans is valued at $180,800, which is $104,600 (57%) lower than Fairfax. Rent there is somewhat more expensive. The median rent in St. Albans is $1,005 per month, which is $105 (10%) higher than Fairfax.
Essex Junction
Essex Junction is approximately 12 miles south of Fairfax. Its housing prices are similar. Essex Junction's median home cost is $298,200, which is $12,800 (4%) higher than Fairfax. The rent there is somewhat more expensive. In Essex Junction the median monthly rent is $1,313, which works out to $413 (31%) higher than Fairfax.
