Falls Church, VA—22044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Falls Church, VA
As of Oct '25, the median home price in Falls Church, VA is $579,000, with a year-over-year change of -0.7%. This indicates that home prices in Falls Church, 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 | $579,000 | -0.7% |
| Single Family | $1,000,000 | -0.8% |
| Condos | $229,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $210,000 | -1.4% |
2 Bed | $266,000 | -2.9% |
3 Bed | $839,000 | -0.8% |
4 Bed | $1,049,000 | -0.2% |
| 5 Bed | $1,238,000 | 0.1% |
% of Housing Stock
Rental Trends — Falls Church, VA
As of July '25, Rentcast reports the average rent in Falls Church, VA is $2,460, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Falls Church, VA is studios: $1,580, 1-bedrooms: $1,720, 2-bedrooms: $2,220, 3-bedrooms: $3,540, 4-bedrooms: $3,900. The most common rental property sizes in Falls Church, VA are 2-bedroom and 1-bedroom, accounting for 43.9% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,990 | $2,460 |
| Studio Rent | $1,400 | $1,580 |
| 1 Bed Rent | $1,750 | $1,720 |
| 2 Bed Rent | $2,000 | $2,220 |
| 3 Bed Rent | $3,750 | $3,540 |
| 4 Bed Rent | $3,900 | $3,900 |
% of Rental Stock
Property Listings — Falls Church, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Falls Church, VA is 26. This is a increase of 10.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $836,000 | 233.0% |
Listing Count | 26 | 12.0% |
| Listings as % of Homes | 0.1% | 12.0% |
Days on Market | 26 | 10.0% |
Demographics — Falls Church, VA
As of the latest ACS Survey released in 2023, Falls Church, VA has a population of 14,000, which has increased by 3.8% over the past 5 years. Falls Church, VA is a moderately popular place for families, as children make up 23.0% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | 3.8% |
% Under 18 | 23.0% | 2.7% |
% Seniors | 16.4% | 8.6% |
% WFH | 27.9% | 407.3% |
% w/ College Degree | 50.3% | -6.5% |
As of the latest ACS Survey released in 2023, Falls Church, VA is a predominantly white area, with 43.9% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Falls Church, VA is hispanic, making up 30.6% of the population. Foreign-born residents account for 35.3% of the population in Falls Church, VA, and this percentage has decreased by 13.3% 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 | 43.9% | -6.0% |
% Black | 7.1% | 4.4% |
% Hispanic | 30.6% | 10.1% |
% Asian | 13.0% | -22.2% |
% Foreign Born | 35.3% | -13.3% |
Mortgage and Risk — Falls Church, VA
According to HUD data as of 2023, there were 145 mortgage originations in Falls Church, VA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Falls Church, VA. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Falls Church, VA
As of 2024, the percent of homes in Falls Church, VA under the Section 8 program is 11.8%. 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 Falls Church, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 306 |
Total Units Section 8 | 306 |
% Rentals under Section 8 | 11.8% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,750 | $1,910 |
| 2 Bedroom | $150 | $2,000 | $2,150 |
| 3 Bedroom | -$1,060 | $3,750 | $2,690 |
| 4 Bedroom | -$730 | $3,900 | $3,170 |
Affordability — Falls Church, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $579,000 |
| Median Household Income | $100,000 |