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Fair Oaks, CA Real Estate


According to census data in the year 2000 there were 11,461 housing units in Fair Oaks. This represents a 6.9% growth from 10,718 in 1990.

Of those housing units, 11,461 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fair Oaks is about 70.1%. Fair Oaks's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Fair Oaks were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom10.20%
Two Bedrooms20.10%
Three Bedrooms37%
Four Bedrooms26.80%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1974
Median Value of occupied units$223,900
Median Price asked for vacant units$237,500

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1975
Median Monthly Rent asked for vacant units$642

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage14.40%
Home Equity Loan9.50%
Simple Mortgage55.50%
Debt Free20.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%