Sterling, VA—20165
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sterling, VA
As of Oct '25, the median home price in Sterling, VA is $730,000, with a year-over-year change of 1.9%. This indicates that home prices in Sterling, VA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $730,000 | 1.9% |
| Single Family | $756,000 | 1.7% |
| Condos | $403,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $415,000 | 2.0% |
3 Bed | $631,000 | 1.6% |
4 Bed | $892,000 | 1.9% |
| 5 Bed | $1,026,000 | 1.6% |
% of Housing Stock
Rental Trends — Sterling, VA
As of July '25, Rentcast reports the average rent in Sterling, VA is $3,230, with a year-over-year rent change of 16.6%. Per bedroom, the median rent as of July '25 in Sterling, VA is 1-bedrooms: $1,920, 2-bedrooms: $2,480, 3-bedrooms: $3,140, 4-bedrooms: $3,810. The most common rental property sizes in Sterling, VA are 2-bedroom and 3-bedroom, accounting for 34.5% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,230 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,920 |
| 2 Bed Rent | $2,400 | $2,480 |
| 3 Bed Rent | $3,200 | $3,140 |
| 4 Bed Rent | $3,750 | $3,810 |
% of Rental Stock
Property Listings — Sterling, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Sterling, VA is 24. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $698,000 | 7.0% |
Listing Count | 70 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 24 | 1.0% |
Demographics — Sterling, VA
As of the latest ACS Survey released in 2023, Sterling, VA has a population of 34,200, which has increased by 4.5% over the past 5 years. Sterling, VA is a popular place for families, as children make up 26.0% of the population. The area has a highly educated workforce, with 67.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,200 | 4.5% |
% Under 18 | 26.0% | 4.4% |
% Seniors | 12.7% | 23.3% |
% WFH | 27.3% | 237.0% |
% w/ College Degree | 67.4% | 2.7% |
As of the latest ACS Survey released in 2023, Sterling, VA is a predominantly white area, with 60.5% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Sterling, VA is asian, making up 14.7% of the population. Foreign-born residents account for 24.6% of the population in Sterling, VA, and this percentage has increased by 12.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.5% | -5.6% |
% Black | 6.3% | -13.7% |
% Hispanic | 11.6% | 11.5% |
% Asian | 14.7% | 10.5% |
% Foreign Born | 24.6% | 12.8% |
Mortgage and Risk — Sterling, VA
According to HUD data as of 2023, there were 536 mortgage originations in Sterling, VA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Sterling, VA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 536 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sterling, VA
As of 2024, the percent of homes in Sterling, VA under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sterling, VA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 67.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,900 | $2,340 |
| 2 Bedroom | $230 | $2,400 | $2,630 |
| 3 Bedroom | $90 | $3,200 | $3,290 |
| 4 Bedroom | $130 | $3,750 | $3,880 |
Affordability — Sterling, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $730,000 |
| Median Household Income | $186,000 |