Foreclosure Homes in Annandale, VA 22003

Current Market Conditions in Annandale, VA

Annandale's real estate market is currently experiencing a steady growth trend, with increased demand driven by its appealing suburban lifestyle, excellent schools, and convenient access to public transportation. Homes are selling relatively quickly, and prices have shown a moderate increase over the past few months, reflecting a competitive market.

The area has witnessed a significant uptick in new developments, including single-family homes and townhouses, catering to a growing population. This trend highlights the sustained interest in Annandale as a desirable residential location.

Rent Prices In Annandale, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Annandale, VA, is on a rollercoaster ride. The average rent price in Annandale, VA, is $2,500.00. Indeed, when looking to rent in Annandale, VA, you can expect to pay as little as $790.00 or as much as $7,220.00, with the average rent median estimated to be $2,470.00. The good news is that finding an affordable and desirable property to rent in Annandale, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.