Home prices
The cost of the median home in Fairland is $349,300. This is about $61,500 (14%) lower in comparison to its nearby areas.It is roughly $131,800 (60%) higher compared to the entire country, and it is about $252,200 (41%) lower in comparison to the city of Washington.
Rents
In Fairland the median rent is $1,689 per month. It is approximately $229 (11%) lower in comparison to its nearby areas.Compared to the rest of the country it is roughly $627 (59%) higher, and in comparison to the city of Washington is approximately $148 (9%) higher.
Nearby places
Calverton
Calverton is Fairland's neighbor to the south. The real estate prices there are similar. Calverton's median home price is $358,000, which works out to $8,700 (2%) higher than Fairland. The rent there is somewhat more expensive. In Calverton the median rent is $1,989 a month, which comes out to $300 (15%) higher than Fairland.
Colesville
Colesville is Fairland's neighbor to the west. Real estate prices there are a little more expensive. The median home in Colesville costs $463,000, which comes out to $113,700 (24%) higher than Fairland. The rent there is somewhat more expensive. In Colesville the median monthly rent is $1,897, which is $208 (10%) higher than Fairland.
Konterra
Konterra is Fairland's neighbor to the east. The housing prices there are pretty similar. The median home in Konterra is valued at $360,400, which comes out to $11,100 (3%) higher than Fairland. Rents there are a bit more expensive. Konterra's median monthly rent is $2,432, which works out to $743 (30%) higher than Fairland.
Burtonsville
Burtonsville is Fairland's neighbor to the north. The housing prices there are a little more expensive. The median home in Burtonsville costs $384,800, which works out to $35,500 (9%) higher than Fairland. Its rents are a bit more expensive. Burtonsville's median monthly rent is $1,794, which is $105 (5%) higher than Fairland.
Cloverly
Cloverly is Fairland's neighbor to the northwest. Its housing prices are a little more expensive. The median home cost in Cloverly is $487,800, which comes out to $138,500 (28%) higher than Fairland. Rent there is a little less expensive. In Cloverly the median rent is $1,477 a month, which works out to $212 (14%) lower than Fairland.
