Fairfax, VA Foreclosures
Current Market Conditions in in Fairfax, VA As of April 2026?
In the past month, Fairfax's real estate market has seen a slight uptick in activity as new listings have come on the market, increasing options for buyers. However, the competition remains stiff, as homes continue to receive multiple offers, often selling above asking price. This trend shows that buyers remain eager to invest in this desirable area despite any fluctuations in interest rates or national market conditions.
How much do homes sell for in Fairfax, VA?
The average home price is currently $874,597.
In Fairfax, VA, how many homes are available?
There are currently 5 active home listings available in Fairfax.
What’s the average rental cost in Fairfax, VA?
The average rental price in Fairfax is $2,801.
What is the most expensive home in Fairfax?
The most expensive home sold in Fairfax had a price of $233,118,256.
What is currently the cheapest priced home in Fairfax, VA?
The cheapest home for sale in Fairfax is priced at $10,801.
Living in Fairfax, VA
Fairfax, Virginia is a vibrant suburban hub located just outside Washington, D.C. Known for its rich history and community-focused atmosphere, Fairfax features a range of amenities, parks, and recreational activities for residents. Its close proximity to the nation’s capital provides convenient access to a wealth of cultural and professional opportunities.
Buyer vs Seller Market in Fairfax, VA
The real estate market in Fairfax has shown resilience and growth over the past several years. As demand for suburban living increases, prices have generally risen, fueled by the area's appealing amenities and strong school systems. Homes are selling relatively quickly, and inventory levels have decreased, indicating a competitive environment for buyers.
Recent trends indicate that homes in Fairfax have appreciated steadily due to ongoing demand from families and professionals seeking to live in a community with a strong quality of life and proximity to Washington, D.C. The neighborhood continues to attract a mix of first-time homebuyers and investors.
With interest rates remaining relatively stable, many buyers are entering the market, creating a healthy absorption rate for residential properties. Renovated and newly built homes are particularly sought after, driving a rise in prices.
Home Value Estimator For Fairfax, VA
There are currently 48,021 real estate properties
in Fairfax, VA,
with a median automated valuation model (AVM) price
of $776,130.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairfax, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fairfax, VA,
is $874,597.00, with the most expensive house
in Fairfax, VA, topping out
at $233,118,256.00 and the cheapest home
in Fairfax, VA,
clocking in at $10,801.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairfax, VA!
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.
Learn more on Foreclosure homes
