McLean, VA—22101
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in McLean, VA
Home Price Trends — McLean, VA
As of Oct '25, the median home price in McLean, VA is $1,620,000, with a year-over-year change of 3.5%. This indicates that home prices in McLean, VA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,620,000 | 3.5% |
| Single Family | $1,648,000 | 2.9% |
| Condos | $890,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $314,000 | -1.9% |
2 Bed | $1,147,000 | 4.2% |
3 Bed | $1,205,000 | 2.9% |
4 Bed | $1,432,000 | 2.9% |
| 5 Bed | $2,140,000 | 3.5% |
% of Housing Stock
Rental Trends — McLean, VA
As of July '25, Rentcast reports the average rent in McLean, VA is $5,510, with a year-over-year rent change of 9.8%. Per bedroom, the median rent as of July '25 in McLean, VA is 1-bedrooms: $1,760, 2-bedrooms: $4,380, 3-bedrooms: $4,420, 4-bedrooms: $5,100. The most common rental property sizes in McLean, VA are 4-bedroom and 1-bedroom, accounting for 25.6% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,580 | $1,760 |
| 2 Bed Rent | $3,150 | $4,380 |
| 3 Bed Rent | $4,400 | $4,420 |
| 4 Bed Rent | $4,700 | $5,100 |
% of Rental Stock
Property Listings — McLean, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in McLean, VA is 61. This is a increase of 7.0% 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 | $3,280,000 | 8.0% |
Listing Count | 173 | 14.0% |
| Listings as % of Homes | 0.9% | 14.0% |
Days on Market | 61 | 7.0% |
Demographics — McLean, VA
As of the latest ACS Survey released in 2023, McLean, VA has a population of 31,300, which has increased by 6.9% over the past 5 years. McLean, VA is a popular place for families, as children make up 26.4% of the population. The area has a highly educated workforce, with 85.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,300 | 6.9% |
% Under 18 | 26.4% | -0.4% |
% Seniors | 19.4% | -6.7% |
% WFH | 34.6% | 232.7% |
% w/ College Degree | 85.9% | 2.6% |
As of the latest ACS Survey released in 2023, McLean, VA is a predominantly white area, with 66.8% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in McLean, VA is asian, making up 19.4% of the population. Foreign-born residents account for 25.2% of the population in McLean, VA, and this percentage has increased by 8.2% 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 | 66.8% | -9.1% |
% Black | 1.8% | -10.0% |
% Hispanic | 5.1% | 6.2% |
% Asian | 19.4% | 14.8% |
% Foreign Born | 25.2% | 8.2% |
Mortgage and Risk — McLean, VA
According to HUD data as of 2023, there were 461 mortgage originations in McLean, VA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in McLean, VA. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 461 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — McLean, VA
As of 2024, the percent of homes in McLean, 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 and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in McLean, VA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 195 |
Total Units Section 8 | 195 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 97.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,500 | $1,580 | $3,080 |
| 2 Bedroom | $320 | $3,150 | $3,470 |
| 3 Bedroom | -$60 | $4,400 | $4,340 |
| 4 Bedroom | $420 | $4,700 | $5,120 |
Affordability — McLean, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $1,620,000 |
| Median Household Income | $250,000 |