Foreclosures in Fairfax, VA 22030

Current Market Conditions in Fairfax, VA

The current real estate market in Fairfax is competitive, with an increasing demand driven by its proximity to D.C. and high-quality schools. Home prices have been steadily rising as new families look to move into the area, leading to a decline in available inventory.

Trends indicate that single-family homes are particularly sought after, and buyers are increasingly willing to renovate older properties to fit modern standards. This has led to a surge in home renovations and real estate investment opportunities.

Rent Prices In Fairfax, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfax, VA, is on a rollercoaster ride. The average rent price in Fairfax, VA, is $2,801.00. Indeed, when looking to rent in Fairfax, VA, you can expect to pay as little as $1,260.00 or as much as $6,760.00, with the average rent median estimated to be $2,690.00. The good news is that finding an affordable and desirable property to rent in Fairfax, 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.