Condo Foreclosures in Fairfax, VA 22039

Current Market Conditions in Fairfax, VA

The real estate market in Fairfax has shown steady growth, with home values increasing year-over-year. Demand remains high due to the area's desirable schools, amenities, and proximity to Washington D.C., making it a hotspot for both buyers and investors.

Average home prices in Fairfax reflect a competitive market. Investors are drawn to the city for rental opportunities, as the influx of young professionals ensures a reliable tenant base. The appeal of the region makes it a great location for investment properties.

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.