Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Fairless Local

Learn about the people, housing, costs and businesses in Fairless Local, Ohio

Median Home$201,025
Median Rent$902/month
Population12,126
Leading IndustriesWholesale Trade · Retail · Transportation13% wholesale trade
Home Value Growth⬆⬆⬆+22.5% over 2 years
Retirees22% of residentsslightly above average
Homeowners78% of occupied units
Fairless Local
OH

Frequently Asked Questions

What are today's mortgage rates in Fairless Local?

As of today, the 30-year fixed mortgage rate for Fairless Local is approximately 6.975% (7.017% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Fairless Local
What is the median home price in Fairless Local?

The median home value in Fairless Local is $201k. The median monthly rent is $902. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairless Local?

Home values in Fairless Local have increased 22.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fairless Local?

Based on a typical all-in ownership cost of $970/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fairless Local is $70k/year.

Calculate your buying power
What industries drive the economy in Fairless Local?

The largest employment sectors in Fairless Local are retail (22%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.