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Falls Church, VA—22041

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$442,000
1.3% YoY Growth
Household Income
$91,100
30.2% YoY Growth
Days on Market
51
54.0% Longer YoY
Home Price Forecast
0.2%
Median Rent
$2,650
5.1% YoY Growth
1-Bed Rent
$2,000
1.0% YoY Growth
2-Bed Rent
$2,700
5.6% YoY Growth
3-Bed Rent
$3,300
0.6% YoY Growth

Other Zip Codes in Falls Church, VA

22044220422204322046
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Falls Church, VA

As of Dec '25, the median home price in Falls Church, VA is $442,000, with a year-over-year change of 1.3%. This indicates that home prices in Falls Church, VA are increasing. 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 TypeMedian Home ValueYoY % Change
All Homes
$442,0001.3%
Single Family $817,000-1.3%
Condos $337,0000.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $273,000
    1.9%
    2 Bed
    $369,0000.8%
    3 Bed
    $610,0000.5%
    4 Bed
    $964,000-0.6%
    5 Bed $1,104,3540.6%
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    % of Housing Stock

    Studio
    6.3%
    1 Bedroom
    22.2%
    2 Bedrooms
    38.6%
    3 Bedrooms
    19.0%
    4 Bedrooms
    9.8%
    5+ Bedrooms
    4.1%

    Rental Trends — Falls Church, VA

    As of July '25, Rentcast reports the average rent in Falls Church, VA is $2,680, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Falls Church, VA is studios: $1,800, 1-bedrooms: $2,060, 2-bedrooms: $2,710, 3-bedrooms: $3,330, 4-bedrooms: $3,890. The most common rental property sizes in Falls Church, VA are 2-bedroom and 1-bedroom, accounting for 49.8% and 29.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,650$2,680
    Studio Rent $1,700$1,800
    1 Bed Rent $2,000$2,060
    2 Bed Rent $2,700$2,710
    3 Bed Rent $3,300$3,330
    4 Bed Rent $3,850$3,890
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    % of Rental Stock

    Studio
    9.3%
    1 Bedroom
    29.7%
    2 Bedrooms
    49.8%
    3 Bedrooms
    8.6%
    4 Bedrooms
    2.5%
    5+ Bedrooms
    0.2%

    Property Listings — Falls Church, VA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Falls Church, VA is 35. This is a increase of 61.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $383,0005.0%
    Listing Count
    4715.0%
    Listings as % of Homes0.2%15.0%
    Days on Market
    5154.0%
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    Demographics — Falls Church, VA

    As of the latest ACS Survey released in 2023, Falls Church, VA has a population of 29,800, which has increased by 4.0% over the past 5 years. Falls Church, VA is a moderately popular place for families, as children make up 23.7% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    29,8004.0%
    % Under 18
    23.7%-2.1%
    % Seniors
    15.6%9.9%
    % WFH
    15.4%214.3%
    % w/ College Degree
    47.1%0.2%
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    As of the latest ACS Survey released in 2023, Falls Church, VA is a predominantly white area, with 33.2% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Falls Church, VA is hispanic, making up 31.3% of the population. Foreign-born residents account for 49.0% of the population in Falls Church, VA, and this percentage has decreased by 0.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    33.2%-2.6%
    % Black
    15.4%-8.9%
    % Hispanic
    31.3%-1.3%
    % Asian
    13.7%0.0%
    % Foreign Born
    49.0%-0.8%
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    Mortgage and Risk — Falls Church, VA

    According to HUD data as of 2023, there were 274 mortgage originations in Falls Church, VA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Falls Church, VA. Investor activity is low, as 3.0% 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
    274
    % Conventional Loans
    82.0%
    % Government Loans
    18.0%
    % Investor Loans
    3.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    6.0%
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    Rentals and Section 8 — Falls Church, VA

    As of 2024, the percent of homes in Falls Church, VA under the Section 8 program is 11.4%. 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 Falls Church, 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
    599
    Total Units Section 8
    599
    % Rentals under Section 8
    11.4%
    % Occupied Section 8
    89.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$10$2,000$2,010
    2 Bedroom-$440$2,700$2,260
    3 Bedroom-$470$3,300$2,830
    4 Bedroom-$520$3,850$3,330

    Affordability — Falls Church, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.5
    Median Home Price$442,000
    Median Household Income$91,100

    Falls Church, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    22044

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    Frequently Asked Questions