Housing in Fairfax, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$720,000

Median List Price

$799,000

Price Per Sq Ft

$378

Days on Market

37

Active Inventory

36

Months of Supply

2.1

Seller's market

Zillow Home Value

$768,213

ZHVI — January 2026

Zillow Rent Index

$2,332

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.2%List Price 10.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

41.2%

Off Market in 2 Weeks

53.6%

Sale-to-List Ratio

100.9%

Seller's market

Sold Above Asking
41.2%
Under Contract in 2 Wks
53.6%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

17

New Listings

29

Pending Sales

28

Homes Sold 29.2%New Listings 31.0%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$378

Median List $/SF

$354

Sale $/SF 12.5%List $/SF 7.6%Mar 24Jan 26

Fairfax vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Fairfax is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$677,400

Median Rent

$2,122

Total Housing Units

9,317

Vacancy Rate

1.7%

Owner Occupied

69.3%

Renter Occupied

30.7%

Median Property Tax

$6,392

per year

Monthly Cost (w/ Mortgage)

$2,611

Housing Types

Single Family
70.9%
Multi-Family
29.1%
Mobile Home
0.0%

The current median sale price in Fairfax, VA is $720,000 according to Redfin data. Homes spend a median of 37 days on the market. 41.2% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $378. Zillow's observed rent index is $2,332/month. About 69.3% of housing units are owner-occupied. The median year homes were built is 1967. There are 9,317 total housing units.