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Herndon, VA—20171

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$822,000
1.1% YoY Growth
Household Income
$166,000
17.4% YoY Growth
Days on Market
27
38.0% Longer YoY
Home Price Forecast
-1.5%
Median Rent
$3,200
19.9% YoY Growth
1-Bed Rent
$1,950
15.2% YoY Growth
2-Bed Rent
$2,500
7.1% YoY Growth
3-Bed Rent
$3,100
3.5% YoY Growth

Other Zip Codes in Herndon, VA

20170
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Herndon, VA

As of May '26, the median home price in Herndon, VA is $822,000, with a year-over-year change of -1.1%. This indicates that home prices in Herndon, VA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$822,000-1.1%
Single Family $881,000-1.1%
Condos $499,000-2.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $292,000
    -2.3%
    2 Bed
    		$472,000-2.3%
    3 Bed
    		$649,000-1.8%
    4 Bed
    		$968,000-1.3%
    5 Bed $1,144,273-1.7%
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    % of Housing Stock

    Studio
    1.6%
    1 Bedroom
    15.8%
    2 Bedrooms
    20.6%
    3 Bedrooms
    22.0%
    4 Bedrooms
    29.1%
    5+ Bedrooms
    10.9%

    Rental Trends — Herndon, VA

    As of July '25, Rentcast reports the average rent in Herndon, VA is $3,200, with a year-over-year rent change of 19.9%. Per bedroom, the median rent as of July '25 in Herndon, VA is studios: $1,850, 1-bedrooms: $1,840, 2-bedrooms: $2,500, 3-bedrooms: $3,230, 4-bedrooms: $3,900. The most common rental property sizes in Herndon, VA are 2-bedroom and 1-bedroom, accounting for 41.0% and 32.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,200$3,200
    Studio Rent $1,880$1,850
    1 Bed Rent $1,950$1,840
    2 Bed Rent $2,500$2,500
    3 Bed Rent $3,100$3,230
    4 Bed Rent $3,900$3,900
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    % of Rental Stock

    Studio
    2.6%
    1 Bedroom
    32.5%
    2 Bedrooms
    41.0%
    3 Bedrooms
    19.7%
    4 Bedrooms
    3.8%
    5+ Bedrooms
    0.5%

    Property Listings — Herndon, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Herndon, VA is 27. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$719,000-9.0%
    Listing Count
    		14414.0%
    Listings as % of Homes0.3%14.0%
    Days on Market
    		2738.0%
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    Demographics — Herndon, VA

    As of the latest ACS Survey released in 2023, Herndon, VA has a population of 50,800, which has remained stable by 0.9% over the past 5 years. Herndon, VA is a moderately popular place for families, as children make up 23.8% of the population. The area has a highly educated workforce, with 73.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		50,8000.9%
    % Under 18
    		23.8%-12.2%
    % Seniors
    		9.9%33.8%
    % WFH
    		31.6%285.4%
    % w/ College Degree
    		73.8%0.8%
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    As of the latest ACS Survey released in 2023, Herndon, VA is a predominantly white area, with 43.9% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Herndon, VA is asian, making up 33.4% of the population. Foreign-born residents account for 34.6% of the population in Herndon, VA, and this percentage has increased by 1.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		43.9%-3.5%
    % Black
    		9.1%-3.2%
    % Hispanic
    		8.3%6.4%
    % Asian
    		33.4%-1.8%
    % Foreign Born
    		34.6%1.5%
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    Mortgage and Risk — Herndon, VA

    According to HUD data as of 2023, there were 710 mortgage originations in Herndon, VA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Herndon, VA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		710
    % Conventional Loans
    		90.0%
    % Government Loans
    		10.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Herndon, VA

    As of 2024, the percent of homes in Herndon, VA under the Section 8 program is 2.9%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Herndon, VA, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		297
    Total Units Section 8
    		276
    % Rentals under Section 8
    		2.9%
    % Occupied Section 8
    		95.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$370$1,950$2,320
    2 Bedroom$110$2,500$2,610
    3 Bedroom$160$3,100$3,260
    4 Bedroom-$50$3,900$3,850

    Affordability — Herndon, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$822,000
    Median Household Income$166,000

    Herndon, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Reston, VA

    20191

    Fairfax, VA

    22033

    Chantilly, VA

    20151

    Herndon, VA

    20170

    Reston, VA

    20190

    Frequently Asked Questions