Why you'd want to live in Fairfax
The City of Fairfax, Virginia, is an independent city in the Commonwealth of Virginia, nestled in the suburban expanse of the Washington DC metro region. via fairfaxva.gov
Fairfax
Fairfax Market Report
$690,668
AVERAGE PRICE OF 493 HOMES$217,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,852,713
AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES$831,800
AVERAGE PRICE OF 58 NEWLY BUILT HOMES$1,062,370
AVERAGE PRICE OF 10 HOMES WITH A POOL$584,650
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $690,668 |
| Avg Bedrooms | 2.93 beds |
| Avg Bathrooms | 2.86 baths |
Average Price by Bedrooms
| 1 bedroom | $287,548 |
| 2 bedrooms | $464,543 |
| 3 bedrooms | $612,141 |
| 4 bedrooms | $769,330 |
| 5 bedrooms | $1,030,330 |
Fairfax Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 446 | 394 | 350 | 312 | 388 |
| Average Price | $688,981 | $701,362 | $710,931 | $691,281 | $686,780 |
| Avg Price Change | -1.80% | -1.36% | +2.84% | +0.66% | -1.00% |
| Median Price | $621,451 | $598,050 | $586,690 | $591,936 | $588,571 |
| Med Price Change | +3.91% | +1.94% | -0.89% | +0.57% | +1.10% |
| Avg Bedrooms | 2.86 beds | 2.78 beds | 2.83 beds | 2.74 beds | 2.75 beds |
| Avg Bathrooms | 2.78 baths | 2.73 baths | 2.77 baths | 2.66 baths | 2.68 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Chantilly | 21 | $602,079 | 17 days |
| Fairfax | 104 | $657,239 | 28 days |
| Oakton | 72 | $665,193 | 62 days |
| Robinson Secondary School | 40 | $680,748 | 18 days |
| Woodson | 51 | $854,213 | 27 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 493 | $690,668 | 49 days |
| Distressed Homes | 2 | $217,000 | 268 days |
| Multi-Million Dollar Homes | 37 | $1,852,713 | 98 days |
| Newly Built Homes | 58 | $831,800 | 83 days |
| Homes with a Pool | 10 | $1,062,370 | 50 days |
| Reduced Price Homes | 6 | $584,650 | 103 days |
