McLean, VA—22102
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 $832,000, with a year-over-year change of 1.5%. This indicates that home prices in McLean, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $832,000 | 1.5% |
| Single Family | $1,787,000 | 2.6% |
| Condos | $437,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $322,000 | 0.6% |
2 Bed | $472,000 | 0.9% |
3 Bed | $871,000 | 1.4% |
4 Bed | $1,677,000 | 2.7% |
| 5 Bed | $2,370,000 | 3.4% |
% of Housing Stock
Rental Trends — McLean, VA
As of July '25, Rentcast reports the average rent in McLean, VA is $3,390, with a year-over-year rent change of 13.8%. Per bedroom, the median rent as of July '25 in McLean, VA is studios: $1,910, 1-bedrooms: $2,420, 2-bedrooms: $3,140, 3-bedrooms: $4,200, 4-bedrooms: $6,320. The most common rental property sizes in McLean, VA are 1-bedroom and 2-bedroom, accounting for 42.9% and 39.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,390 |
| Studio Rent | $1,940 | $1,910 |
| 1 Bed Rent | $2,300 | $2,420 |
| 2 Bed Rent | $2,900 | $3,140 |
| 3 Bed Rent | $3,800 | $4,200 |
| 4 Bed Rent | $6,000 | $6,320 |
% 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 51. This is a decrease of -2.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $974,000 | -35.0% |
Listing Count | 135 | 20.0% |
| Listings as % of Homes | 0.7% | 20.0% |
Days on Market | 51 | -2.0% |
Demographics — McLean, VA
As of the latest ACS Survey released in 2023, McLean, VA has a population of 28,600, which has increased by 15.5% over the past 5 years. McLean, VA is a moderately popular place for families, as children make up 17.9% of the population. The area has a highly educated workforce, with 81.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,600 | 15.5% |
% Under 18 | 17.9% | -11.4% |
% Seniors | 15.5% | -6.6% |
% WFH | 29.8% | 201.0% |
% w/ College Degree | 81.4% | -0.4% |
As of the latest ACS Survey released in 2023, McLean, VA is a predominantly white area, with 50.9% of the population identifying as white. The white population has shrunk by 12.1% in the last 5 years. The second most common race or ethnicity in McLean, VA is asian, making up 29.5% of the population. Foreign-born residents account for 37.8% of the population in McLean, VA, and this percentage has decreased by 5.7% 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 | 50.9% | -12.1% |
% Black | 5.5% | 31.0% |
% Hispanic | 10.1% | 38.4% |
% Asian | 29.5% | 10.5% |
% Foreign Born | 37.8% | -5.7% |
Mortgage and Risk — McLean, VA
According to HUD data as of 2023, there were 390 mortgage originations in McLean, VA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in McLean, VA. Investor activity is low, as 4.0% 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 | 390 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — McLean, VA
As of 2024, the percent of homes in McLean, VA under the Section 8 program is 0.8%. 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 McLean, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $2,300 | $2,680 |
| 2 Bedroom | $120 | $2,900 | $3,020 |
| 3 Bedroom | -$20 | $3,800 | $3,780 |
| 4 Bedroom | -$1,550 | $6,000 | $4,450 |
Affordability — McLean, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $832,000 |
| Median Household Income | $154,000 |