Annandale, VA—22003
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Annandale, VA
As of Oct '25, the median home price in Annandale, VA is $738,000, with a year-over-year change of 0.5%. This indicates that home prices in Annandale, 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 | $738,000 | 0.5% |
| Single Family | $799,000 | 0.1% |
| Condos | $259,000 | -1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $218,000 | -1.8% |
2 Bed | $264,000 | -2.9% |
3 Bed | $611,000 | 0.8% |
4 Bed | $843,000 | 0.2% |
| 5 Bed | $937,000 | -0.2% |
% of Housing Stock
Rental Trends — Annandale, VA
As of July '25, Rentcast reports the average rent in Annandale, VA is $3,210, with a year-over-year rent change of 11.1%. Per bedroom, the median rent as of July '25 in Annandale, VA is studios: $1,530, 1-bedrooms: $1,670, 2-bedrooms: $2,180, 3-bedrooms: $3,210, 4-bedrooms: $4,400. The most common rental property sizes in Annandale, VA are 2-bedroom and 3-bedroom, accounting for 34.5% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,210 |
| Studio Rent | $1,350 | $1,530 |
| 1 Bed Rent | $1,700 | $1,670 |
| 2 Bed Rent | $2,100 | $2,180 |
| 3 Bed Rent | $3,250 | $3,210 |
| 4 Bed Rent | $4,200 | $4,400 |
% of Rental Stock
Property Listings — Annandale, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Annandale, VA is 30. This is a decrease of -14.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $758,000 | 8.0% |
Listing Count | 119 | 28.0% |
| Listings as % of Homes | 0.3% | 28.0% |
Days on Market | 30 | -14.0% |
Demographics — Annandale, VA
As of the latest ACS Survey released in 2023, Annandale, VA has a population of 58,200, which has decreased by -2.4% over the past 5 years. Annandale, 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 50.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,200 | -2.4% |
% Under 18 | 23.8% | 6.2% |
% Seniors | 16.2% | 11.0% |
% WFH | 19.8% | 304.1% |
% w/ College Degree | 50.6% | 2.6% |
As of the latest ACS Survey released in 2023, Annandale, VA is a predominantly white area, with 39.7% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Annandale, VA is hispanic, making up 27.8% of the population. Foreign-born residents account for 37.0% of the population in Annandale, VA, and this percentage has decreased by 9.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.7% | -3.9% |
% Black | 8.2% | 20.6% |
% Hispanic | 27.8% | 2.2% |
% Asian | 20.3% | -2.9% |
% Foreign Born | 37.0% | -9.5% |
Mortgage and Risk — Annandale, VA
According to HUD data as of 2023, there were 694 mortgage originations in Annandale, VA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Annandale, VA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 694 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Annandale, VA
As of 2024, the percent of homes in Annandale, VA under the Section 8 program is 9.3%. 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 units appear to be good home sizes to consider for Section 8 housing in Annandale, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 507 |
Total Units Section 8 | 507 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 96.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,700 | $2,040 |
| 2 Bedroom | $200 | $2,100 | $2,300 |
| 3 Bedroom | -$370 | $3,250 | $2,880 |
| 4 Bedroom | -$810 | $4,200 | $3,390 |
Affordability — Annandale, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $738,000 |
| Median Household Income | $134,000 |