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
$705,461
AVERAGE PRICE OF 370 HOMES$300,750
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,995,547
AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES$860,416
AVERAGE PRICE OF 55 NEWLY BUILT HOMES$1,191,248
AVERAGE PRICE OF 4 HOMES WITH A POOL$452,098
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $705,461 |
| Avg Bedrooms | 2.78 beds |
| Avg Bathrooms | 2.72 baths |
Average Price by Bedrooms
| 1 bedroom | $258,576 |
| 2 bedrooms | $462,690 |
| 3 bedrooms | $559,935 |
| 4 bedrooms | $779,186 |
| 5 bedrooms | $1,048,231 |
Fairfax Home Price Trends
| 2/2021 | 1/2021 | 12/2020 | 11/2020 | 10/2020 | |
|---|---|---|---|---|---|
| Total Listings | 350 | 312 | 388 | 483 | 516 |
| Average Price | $710,931 | $691,281 | $686,780 | $693,638 | $701,742 |
| Avg Price Change | +2.84% | +0.66% | -1.00% | -1.17% | -0.27% |
| Median Price | $586,690 | $591,936 | $588,571 | $582,162 | $589,331 |
| Med Price Change | -0.89% | +0.57% | +1.10% | -1.23% | -1.57% |
| Avg Bedrooms | 2.83 beds | 2.74 beds | 2.75 beds | 2.92 beds | 2.99 beds |
| Avg Bathrooms | 2.77 baths | 2.66 baths | 2.68 baths | 2.83 baths | 2.92 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Chantilly | 22 | $538,154 | 12 days |
| Fairfax | 73 | $597,233 | 55 days |
| Oakton | 59 | $763,419 | 64 days |
| Robinson Secondary School | 15 | $629,158 | 21 days |
| Woodson | 37 | $916,219 | 103 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 370 | $705,461 | 73 days |
| Distressed Homes | 3 | $300,750 | 139 days |
| Multi-Million Dollar Homes | 39 | $1,995,547 | 174 days |
| Newly Built Homes | 55 | $860,416 | 121 days |
| Homes with a Pool | 4 | $1,191,248 | 101 days |
| Reduced Price Homes | 5 | $452,098 | 24 days |
