Housing in Merrifield, VA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$700,000

Median List Price

$660,000

Price Per Sq Ft

$387

Days on Market

63

Active Inventory

20

Months of Supply

1.5

Seller's market

Price Trends

Source: Redfin
Sale Price 13.8%List Price 30.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

23.1%

Off Market in 2 Weeks

60.0%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
23.1%
Under Contract in 2 Wks
60.0%
Listings with Price Drops
35.0%

Market Activity

Source: Redfin

Homes Sold

13

New Listings

13

Pending Sales

15

Homes Sold 7.1%New Listings 38.1%Pending 42.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$387

Median List $/SF

$389

Sale $/SF 1.8%List $/SF 2.9%Mar 24Jan 26

Merrifield vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Merrifield 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

$637,600

Median Rent

$2,308

Total Housing Units

9,833

Vacancy Rate

4.2%

Owner Occupied

36.2%

Renter Occupied

63.8%

Median Property Tax

$6,404

per year

Monthly Cost (w/ Mortgage)

$2,629

Housing Types

Single Family
35.9%
Multi-Family
64.1%
Mobile Home
0.0%

The current median sale price in Merrifield, VA is $700,000 according to Redfin data. Homes spend a median of 63 days on the market. 23.1% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $387. The median rent is $2,308 per month (Census ACS). About 36.2% of housing units are owner-occupied. The median year homes were built is 2001. There are 9,833 total housing units.