Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fairmont Park area can be challenging. Home prices in Fairmont Park are now at a median cost of $205,677, lower than the Norfolk average of $234,953.
The average cost of rent is $1,123/mo in Fairmont Park, primarily driven by the current value of real estate in the Fairmont Park area. While nearly 23.90% of residents own their homes outright in Fairmont Park, 42.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fairmont Park is $4,496 per month. Households that rent pay about 24.97% of their income on rent here. Fairmont Park's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Ballentine Place, Norfolk, VA: less expensive homes
- Lindenwood, Norfolk, VA: less expensive homes
- Colonial Place Riverview, Norfolk, VA: higher priced homes
- Park Place, Norfolk, VA: equally priced homes
- Central Brambleton, Norfolk, VA: equally priced homes
- Ghent Square, Norfolk, VA: higher priced homes
- Suburban Acres, Norfolk, VA: higher priced homes
- Highland Park, Norfolk, VA: equally priced homes
- Ghent, Norfolk, VA: higher priced homes
- Downtown Norfolk, Norfolk, VA: higher priced homes
Neighborhoods with Similar Populations
- Amber Valley, Fargo, ND: higher priced homes
- New Bethel, Indianapolis, IN: equally priced homes
- Selby-on-the-Bay, Mayo, MD: higher priced homes
- South Poplar, Allentown, PA: less expensive homes
- University Commons, San Marcos, CA: higher priced homes
- Village 9, Sacramento, CA: higher priced homes
- West Central Jackson, Jackson, MS: less expensive homes
- West Lake Forest, New Orleans, LA: less expensive homes
- Bishops Corner, West Hartford, CT: higher priced homes
- Bingham, Springfield, MO: less expensive homes
All Local Stats
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