Reston, VA—20191
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 $623,000, with a year-over-year change of 1.5%. This indicates that home prices in Reston, VA are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $623,000 | 1.5% |
| Single Family | $743,000 | 0.8% |
| Condos | $335,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $292,000 | 2.5% |
2 Bed | $391,000 | 2.1% |
3 Bed | $590,000 | 1.9% |
4 Bed | $879,000 | 1.3% |
| 5 Bed | $965,000 | 0.8% |
% of Housing Stock
Rental Trends — Reston, VA
As of July '25, Rentcast reports the average rent in Reston, VA is $3,050, with a year-over-year rent change of 13.0%. Per bedroom, the median rent as of July '25 in Reston, VA is studios: $1,990, 1-bedrooms: $1,910, 2-bedrooms: $2,690, 3-bedrooms: $3,210, 4-bedrooms: $4,120. The most common rental property sizes in Reston, VA are 2-bedroom and 3-bedroom, accounting for 38.3% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,050 |
| Studio Rent | $2,000 | $1,990 |
| 1 Bed Rent | $1,900 | $1,910 |
| 2 Bed Rent | $2,600 | $2,690 |
| 3 Bed Rent | $3,100 | $3,210 |
| 4 Bed Rent | $4,000 | $4,120 |
% 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 30. This is a increase of 16.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $577,000 | -7.0% |
Listing Count | 82 | 32.0% |
| Listings as % of Homes | 0.3% | 32.0% |
Days on Market | 30 | 16.0% |
Demographics — Reston, VA
As of the latest ACS Survey released in 2023, Reston, VA has a population of 30,100, which has remained stable by 0.0% over the past 5 years. Reston, VA is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 65.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | 0.0% |
% Under 18 | 19.7% | -10.0% |
% Seniors | 16.9% | 7.6% |
% WFH | 27.8% | 227.1% |
% w/ College Degree | 65.9% | 3.6% |
As of the latest ACS Survey released in 2023, Reston, VA is a predominantly white area, with 55.2% 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 Reston, VA is hispanic, making up 17.6% of the population. Foreign-born residents account for 29.6% of the population in Reston, VA, and this percentage has increased by 16.5% 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 | 55.2% | -5.6% |
% Black | 9.0% | -30.8% |
% Hispanic | 17.6% | 22.2% |
% Asian | 12.4% | 30.5% |
% Foreign Born | 29.6% | 16.5% |
Mortgage and Risk — Reston, VA
According to HUD data as of 2023, there were 507 mortgage originations in Reston, VA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Reston, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 507 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Reston, VA
As of 2024, the percent of homes in Reston, VA under the Section 8 program is 12.7%. 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 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 and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 449 |
Total Units Section 8 | 447 |
% Rentals under Section 8 | 12.7% |
% Occupied Section 8 | 95.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,900 | $2,110 |
| 2 Bedroom | -$220 | $2,600 | $2,380 |
| 3 Bedroom | -$120 | $3,100 | $2,980 |
| 4 Bedroom | -$490 | $4,000 | $3,510 |
Affordability — Reston, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $623,000 |
| Median Household Income | $141,000 |