Fairfax, VA
Housing market overview · Updated weekly
$555,750median sale price
Homes sold
22
Last 12 weeks
Days on market
30
Average pace
Active listings
58
2.6 months supply
Sale-to-list
100.6%
Above asking
The Fairfax housing market is currently classified as a seller's market with a median sale price of $555,750. Prices have fallen 15.5% compared to last year, with homes spending an average of 30 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Fairfax?
The median home sale price in Fairfax is $555,750, down 15.5% from last year.
How long do homes stay on market in Fairfax?
Homes typically spend 30 days on market before going under contract.
Is Fairfax a buyer's or seller's market?
With 2.6 months of supply, Fairfax is currently a seller's market.
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