Fairfax County, VA Home Values & Market Trends
The median home price in Fairfax County, VA is $727,198.95. There were 15,354 home sales in Fairfax County, VA over the past 12 months. The median residential Fairfax County, VA home value for transactions over the previous year is $657,265.2. The number of current listings in Fairfax County, VA is 1,562, and the percentage of properties for sale is 1562.00%. The county has 153 foreclosures, 7 bank owned properties, 146 headed for auction, and 1,562 properties for sale.
Fairfax County, VA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Alexandria | $ 630,524 $ 376/sqft | Annandale | $ 750,000 $ 328/sqft |
| Fairfax | $ 740,314 $ 333/sqft | Great Falls | $ 1,825,005 $ 390/sqft |
| Falls Church | $ 849,000 $ 392/sqft | Burke | $ 651,314 $ 342/sqft |
| Vienna | $ 1,112,846 $ 387/sqft | Lorton | $ 635,141 $ 312/sqft |
| Reston | $ 581,188 $ 357/sqft | Oakton | $ 1,161,839 $ 321/sqft |
| Springfield | $ 670,109 $ 353/sqft | Clifton | $ 1,031,336 $ 303/sqft |
| Mc Lean | $ 1,796,633 $ 453/sqft | Fairfax Station | $ 1,196,069 $ 304/sqft |
| Herndon | $ 725,133 $ 313/sqft | Fort Belvoir | $ 764,276 $ 210/sqft |
| Centreville | $ 527,606 $ 337/sqft | Dunn Loring | $ 1,198,232 $ 594/sqft |
| Chantilly | $ 712,929 $ 280/sqft |
Housing Market Summary for Fairfax County, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $657.9K | $711K | 8.06% |
| Median Sold Price | $674.7K | $711K | 5.37% |
| Homes For Sale | 1,596 | 1,496 | -6.27% |
| Homes Sold | 7,381 | 7,928 | 7.41% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fairfax County, VA
Browse Homes in Fairfax County, VA
Fairfax County, VA home values range from $24,872 to $59,578,607. Great Falls is the priciest city with a median listing home price of $1,599,000, and Centreville is most affordable with average house prices of around $407,500.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fairfax County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 19 cities within Fairfax County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fairfax County, VA ranges from the highest value of $679,985 in Chantilly to the lowest value of $330,460 in Mc Lean. Bank owned homes and properties account for 0.00% of properties in Fairfax County, VA. There are 19 cities within Fairfax County, VA; Alexandria containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsAlexandria has 52 auction properties, the highest number of properties going to auction in a single city in the state of Fairfax County, VA. Auction homes and other auction properties account for 0.04% of all properties in Fairfax County, VA. There are 19 cities within Fairfax County, VA; of those cities, the median estimated home value for homes going to auction ranges from $1,308,204 in Dunn Loring to the lowest value of $124,178 in Dunn Loring.
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More Real Estate Resources for Fairfax County, VA
Guide for Fairfax County, VA
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