Fair Oaks Housing Market Report – May 2026
Here's a look at how the Fair Oaks, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 60
- Median Sale Price: $640,159
- Average Sale Price: $666,197
- Average Price Per Sq Ft: $316
- Average Days on Market: 56
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to April, the median sale price in Fair Oaks moved 0.0% up (from $639,950 to $640,159). The number of homes sold was 6.2% down compared to the prior month (64 vs. 60). Average days on market shifted 0.0% down (56 days to 56 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 2.3% down (from $655,072 to $640,159). Sales volume is 25.0% up year-over-year.
What This Means
Fair Oaks is showing signs of a cooling market as May winds down spring season. While the median price held steady month-over-month at $640,159, the year-over-year decline of 2.3% suggests gradual price softening compared to last May. More telling is the 6.2% dip in monthly sales volume and the fact that homes are sitting on the market for a full two months before selling. That said, the 99.6% sale-to-list ratio indicates sellers still have reasonable negotiating power—buyers aren't getting major discounts, just taking longer to commit.
The inventory snapshot reveals some patience in the market. With 144 active listings and homes averaging 56 days on market, there's enough selection that buyers can be selective without facing the urgency of a hot market. The median asking price of $649,500 sits slightly above the median sold price, suggesting modest downward adjustments as homes linger. At $316 per square foot, Fair Oaks remains an accessible entry point for the greater Sacramento region, though higher mortgage rates likely continue to temper buyer enthusiasm.
The market appears balanced but gradually shifting toward sellers needing to be more competitive. Spring momentum is fading as we head into early summer.
Fair Oaks Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95628 | 60 | $640,159 | $316 | 56 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 49 | $650,000 | $326 |
| CONDOS | 5 | $260,000 | $244 |
| LAND | 3 | $885,500 | N/A |
| MULTI_FAMILY | 3 | $510,000 | $268 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 4 |
| $300K - $399K | 3 |
| $400K - $499K | 10 |
| $500K - $749K | 24 |
| $750K+ | 19 |
Current Active Listings
As of this report, there are 144 active listings in Fair Oaks with a median asking price of $649,500 and an average of 56 days on market.
Thinking About Selling Your Fair Oaks Home?
If you're a homeowner in Fair Oaks considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Fair Oaks and throughout Sacramento County — get a no-obligation cash offer today.
Thinking of selling in Fair Oaks? Get a cash offer.
Takes about 30 seconds. No obligation.