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Market AnalysisUpdated March 2026

Fairfax County, VA — Market Snapshot

Real estate market data for Fairfax County, Virginia. Census demographics, rental trends, and economic indicators for investors and developers.

Population

1,144,474

ACS 2023

Median Household Income

$158,940

ACS 2023

Renter-Occupied

32%

ACS 2023

Median Rent

$2,259/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
25.5%
Ages 20–29
12.2%
Ages 30–39
13.9%
Ages 40–49
14.2%
Ages 50–59
13.5%
Ages 60–69
10.8%
Over 70
9.7%

Household Income Distribution

Under $30K
7.0%
$30K–$50K
6.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Moderate (4-5x)

ACS 2023

Price-to-Income Ratio

N/A

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$952,129
Median Gross Rent
$2,259/mo
Homeownership Rate
68%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$2,585/mo
Median Annual Property Tax(ACS estimate)
$7,138
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Fairfax County HPI

319.7

FRED Q4 2025

Since 2020

+35.3%

vs. 2020 baseline

Fairfax County home values have appreciated 35.3% since 2020, trailing the Virginia statewide average of 57.5%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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B

Market Tier

Bawa Score: 68 / 100

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Economic Indicators

Unemployment Rate
3.3%
Per Capita Personal Income
N/A
Labor Force
617,731
GDP
N/A
Building Permits
2,861

▲ +78.3% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$10.5B
State Home Price Index
764.3
State GDP
$762B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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