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Advertise here →Fairfax, VA · Market Data
Fairfax, Virginia real estate market data.
Real estate market data for Fairfax, VA (Fairfax city) — Census median home value $677,400, county listing prices up about 4.0% over the past year.
Fairfax, VA is in Fairfax city, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 24,478, with a median household income of $132,774. Census data puts Fairfax's median home value at $677,400.
At a glance
Fairfax market snapshot
Population
24,478
Median Household Income
$132,774
Median Home Value (city)
$677,400
Median Gross Rent
$2,122/mo
Price Trend (YoY)
+4.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Fairfax different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Fairfax's median home value — across all owner-occupied homes, not just recent sales — at $677,400.
County Price Trend
Fairfax city's FHFA house price index shows a 4.01% annual change in 2025.
Population & Income
Fairfax has an estimated population of 24,478 and a median household income of $132,774, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Fairfax's Census-reported median home value works out to about 5.1x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Fairfax FAQ
What are home values like in Fairfax, VA?
The Census Bureau's American Community Survey puts Fairfax's median home value at $677,400.
What is the population of Fairfax, VA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Fairfax's population at approximately 24,478.
What's the median rent in Fairfax, VA?
The Census ACS estimates median gross rent in Fairfax at approximately $2,122 per month.
What is the median household income in Fairfax, VA?
Census ACS data puts the median household income in Fairfax at approximately $132,774.
Is the Fairfax housing market growing?
Fairfax city's FHFA house price index shows a 4.01% annual change in 2025.
Is Fairfax, VA affordable relative to income?
Census ACS data puts Fairfax's median home value at about 5.1 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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