Reston, VA—20190
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reston, VA
As of Oct '25, the median home price in Reston, VA is $542,000, with a year-over-year change of 0.9%. This indicates that home prices in Reston, VA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $542,000 | 0.9% |
| Single Family | $723,000 | 0.0% |
| Condos | $388,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $324,000 | -0.3% |
2 Bed | $428,000 | 0.0% |
3 Bed | $678,000 | 0.7% |
4 Bed | $773,000 | 0.9% |
| 5 Bed | $997,000 | 1.5% |
% of Housing Stock
Rental Trends — Reston, VA
As of July '25, Rentcast reports the average rent in Reston, VA is $2,820, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Reston, VA is studios: $1,970, 1-bedrooms: $2,230, 2-bedrooms: $2,720, 3-bedrooms: $3,630, 4-bedrooms: $3,080. The most common rental property sizes in Reston, VA are 2-bedroom and 1-bedroom, accounting for 40.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,820 |
| Studio Rent | $1,940 | $1,970 |
| 1 Bed Rent | $2,120 | $2,230 |
| 2 Bed Rent | $2,600 | $2,720 |
| 3 Bed Rent | $3,500 | $3,630 |
| 4 Bed Rent | $3,500 | $3,080 |
% of Rental Stock
Property Listings — Reston, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Reston, VA is 23. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $512,000 | -1.0% |
Listing Count | 84 | 16.0% |
| Listings as % of Homes | 0.5% | 16.0% |
Days on Market | 23 | -5.0% |
Demographics — Reston, VA
As of the latest ACS Survey released in 2023, Reston, VA has a population of 22,100, which has increased by 15.0% over the past 5 years. Reston, VA is a moderately popular place for families, as children make up 16.1% of the population. The area has a highly educated workforce, with 72.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | 15.0% |
% Under 18 | 16.1% | -6.9% |
% Seniors | 15.7% | 0.6% |
% WFH | 32.4% | 260.0% |
% w/ College Degree | 72.3% | 5.5% |
As of the latest ACS Survey released in 2023, Reston, VA is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Reston, VA is hispanic, making up 14.9% of the population. Foreign-born residents account for 24.5% of the population in Reston, VA, and this percentage has increased by 4.7% 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 | 56.0% | -13.6% |
% Black | 10.2% | 2.0% |
% Hispanic | 14.9% | 20.2% |
% Asian | 11.9% | 28.0% |
% Foreign Born | 24.5% | 4.7% |
Mortgage and Risk — Reston, VA
According to HUD data as of 2023, there were 374 mortgage originations in Reston, VA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Reston, VA. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 374 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Reston, VA
As of 2024, the percent of homes in Reston, VA under the Section 8 program is 11.2%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Reston, VA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 668 |
Total Units Section 8 | 668 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 82.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $2,120 | $2,230 |
| 2 Bedroom | -$90 | $2,600 | $2,510 |
| 3 Bedroom | -$360 | $3,500 | $3,140 |
| 4 Bedroom | $200 | $3,500 | $3,700 |
Affordability — Reston, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $542,000 |
| Median Household Income | $127,000 |