Fairfax County, VA Real Estate & Property Data

Fairfax County Real Estate Market Trends
Last Updated: March 19, 2024

With up-to-date real estate data get detailed insight into Fairfax County, VA sourced from the nation’s leading property data provider. The current median home price in Fairfax County, VA is $875,000. Fairfax County real estate data shows that there have been a total of 15,551 residential properties sold over the past 12 months. ATTOM’s Fairfax County real estate data indicates that the county has 28 properties in foreclosure and 3 REOs (real estate bank owned) properties.

Fairfax County Real Estate Market Trends
Total Residential Properties 336,784
Total Commercial Properties 17,156
Avg. Home Age (Single Family Home) 47 Years
Avg. Square Feet (Single Family Home) 2,361
Total 2024 Residential Sales (year-to-date) 850
% of Homes Seriously Underwater (Q1 2024) 0.45%
Total 2023 Residential Sales 14,701
% of Equity Rich Homes (Q1 2024) 43.02%
Effective 2023 Property Tax 1.06%
Total Foreclosure Filings (year-to-date) 28
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Fairfax County, VA Real Estate Overview

There were 15,551 residential properties sold in the past year in Fairfax County, VA. The median home value in Fairfax County, VA is $700,467. There are a total of 336,784 residential properties in the Fairfax.

Median Sales Price i
$875,000
(Jan 2024)
+11.9%
year-over-year
y-o-y
  • January '24 Jan '24 $875,000
  • December '23 Dec '23 $850,000
  • November '23 Nov '23 $850,000
  • October '23 Oct '23 $870,000
  • September '23 Sep '23 $860,000
  • August '23 Aug '23 $903,000
  • July '23 Jul '23 $875,000
  • June '23 Jun '23 $875,000
  • May '23 May '23 $874,999
  • April '23 Apr '23 $884,200
  • March '23 Mar '23 $840,000
  • February '23 Feb '23 $800,000
Median Down Payment i
$181,589
(Jan 2024)
+33.5%
year-over-year
y-o-y
  • January '24 Jan '24 $181,589
  • December '23 Dec '23 $190,500
  • November '23 Nov '23 $185,600
  • October '23 Oct '23 $210,000
  • September '23 Sep '23 $183,250
  • August '23 Aug '23 $198,899
  • July '23 Jul '23 $188,800
  • June '23 Jun '23 $175,000
  • May '23 May '23 $188,906
  • April '23 Apr '23 $179,000
  • March '23 Mar '23 $170,550
  • February '23 Feb '23 $157,900
Number of Homes Sold i
850
(Jan 2024)
+29.8%
year-over-year
y-o-y
  • January '24 Jan '24 850
  • December '23 Dec '23 1,266
  • November '23 Nov '23 1,188
  • October '23 Oct '23 1,903
  • September '23 Sep '23 962
  • August '23 Aug '23 1,324
  • July '23 Jul '23 1,282
  • June '23 Jun '23 1,496
  • May '23 May '23 1,497
  • April '23 Apr '23 1,167
  • March '23 Mar '23 1,153
  • February '23 Feb '23 808
Number of Purchase Loans i
626
(Jan 2024)
+13.8%
year-over-year
y-o-y
  • January '24 Jan '24 626
  • December '23 Dec '23 910
  • November '23 Nov '23 932
  • October '23 Oct '23 1,455
  • September '23 Sep '23 809
  • August '23 Aug '23 1,077
  • July '23 Jul '23 1,069
  • June '23 Jun '23 1,232
  • May '23 May '23 1,250
  • April '23 Apr '23 960
  • March '23 Mar '23 974
  • February '23 Feb '23 665
Number of REFI Loans i
332
(Jan 2024)
+43.1%
year-over-year
y-o-y
  • January '24 Jan '24 332
  • December '23 Dec '23 404
  • November '23 Nov '23 410
  • October '23 Oct '23 541
  • September '23 Sep '23 274
  • August '23 Aug '23 338
  • July '23 Jul '23 253
  • June '23 Jun '23 255
  • May '23 May '23 294
  • April '23 Apr '23 269
  • March '23 Mar '23 276
  • February '23 Feb '23 207
Number of HELOC Loans i
382
(Jan 2024)
+1.6%
year-over-year
y-o-y
  • January '24 Jan '24 382
  • December '23 Dec '23 424
  • November '23 Nov '23 455
  • October '23 Oct '23 585
  • September '23 Sep '23 329
  • August '23 Aug '23 384
  • July '23 Jul '23 292
  • June '23 Jun '23 375
  • May '23 May '23 378
  • April '23 Apr '23 316
  • March '23 Mar '23 422
  • February '23 Feb '23 313

Fairfax County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Fairfax County, VA Foreclosure Activity

There were a total of 28 Fairfax County, VA properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 28 Fairfax County, VA properties and repossessed 3 Fairfax County, VA properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
28
(Jan 2024)
-12.5%
year-over-year
y-o-y
  • January '24 Jan '24 28
  • December '23 Dec '23 32
  • November '23 Nov '23 25
  • October '23 Oct '23 22
  • September '23 Sep '23 39
  • August '23 Aug '23 30
  • July '23 Jul '23 34
  • June '23 Jun '23 37
  • May '23 May '23 37
  • April '23 Apr '23 29
  • March '23 Mar '23 51
  • February '23 Feb '23 27
Foreclosure Starts i
28
(Jan 2024)
-12.5%
year-over-year
y-o-y
  • January '24 Jan '24 28
  • December '23 Dec '23 32
  • November '23 Nov '23 25
  • October '23 Oct '23 22
  • September '23 Sep '23 39
  • August '23 Aug '23 30
  • July '23 Jul '23 34
  • June '23 Jun '23 37
  • May '23 May '23 37
  • April '23 Apr '23 29
  • March '23 Mar '23 51
  • February '23 Feb '23 26
Completed Foreclosures (REOs) i
3
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 7
  • June '23 Jun '23 4
  • May '23 May '23 5
  • April '23 Apr '23 1
  • March '23 Mar '23 3
  • February '23 Feb '23 4
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