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Fairfax

Why you'd want to live in Fairfax

Nestled in the suburban expanse of the Washington DC metro region, the City of Fairfax, with its hallmark landscaped and leafy street medians, is an oasis, unique and brimming with vitality that recently has been recognized by Forbes as one of the top places to live in the nation. It was, and still is, at the crossroads of Northern Virginia. It's just 20 minutes from Washington, DC, with an attractive blend of commercial, office, retail and residential properties. It combines the charm of a small town with the opportunities of a thriving urban area. via fairfaxva.gov

Fairfax Market Report

$858,133

AVERAGE PRICE OF 346 HOMES

$799,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,572,533

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$1,117,784

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$1,102,000

AVERAGE PRICE OF 4 HOMES WITH A POOL

$890,869

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $858,133
Avg Bedrooms 3.11 beds
Avg Bathrooms 3.01 baths

Average Price by Bedrooms

1 bedroom $321,638
2 bedrooms $446,957
3 bedrooms $725,696
4 bedrooms $959,933
5 bedrooms $1,148,410
Fairfax Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 316 264 330 337 309
Average Price $898,542 $934,776 $927,042 $943,656 $967,466
Avg Price Change -4.03% +0.83% -1.79% -2.52% +3.96%
Median Price $753,030 $784,025 $801,975 $792,960 $817,465
Med Price Change -4.12% -2.29% +1.14% -3.09% +0.94%
Avg Bedrooms 3.15 beds 3.22 beds 3.28 beds 3.31 beds 3.39 beds
Avg Bathrooms 2.99 baths 3.02 baths 3.14 baths 3.11 baths 3.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Fairfax 104 $832,647 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 346 $858,133 58 days
Distressed Homes 1 $799,900 14 days
Multi-Million Dollar Homes 79 $1,572,533 91 days
Newly Built Homes 48 $1,117,784 61 days
Homes with a Pool 4 $1,102,000 20 days
Reduced Price Homes 14 $890,869 33 days
Tolbert Team | Pearson Smith Realty
Taylor Tolbert
43777 Central Station Drive #390
Ashburn, VA 20147
703-223-9602

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