In August 2017, there were three homes sold, with a median sale price of $260,000 - a 22.1% increase over the $212,900 median sale price for the same period of the previous year. There were two homes sold in Fairfax in August 2016.
The median sales tax in Fairfax for the most recent year with available data, 2015, was $2,008, approximately 0.8% of the median home sale price for August 2017.
The following table compares Fairfax to other New Castle County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Montclare | 1 | 0 | - | $282,000 | $0 | - |
| St. Georges | 1 | 1 | 0% | $275,000 | $262,100 | 4.9% |
| Summer Hill | 1 | 1 | 0% | $271,000 | $263,000 | 3% |
| Jamestowne | 1 | 2 | -50% | $269,000 | $163,806 | 64.2% |
| McDaniel Heights | 1 | 0 | - | $265,000 | $0 | - |
| Fairfax | 3 | 2 | 50% | $260,000 | $212,900 | 22.1% |
| Blue Rock Manor | 1 | 0 | - | $252,000 | $0 | - |
| Eastburn Heights | 1 | 1 | 0% | $250,000 | $224,900 | 11.2% |
| Lynford | 1 | 1 | 0% | $246,000 | $253,378 | -2.9% |
| New Castle | 3 | 7 | -57.1% | $245,000 | $142,500 | 71.9% |
| Monterey Farms | 1 | 0 | - | $240,000 | $0 | - |
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