Reston, VA—20194
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reston, VA
As of Oct '25, the median home price in Reston, VA is $765,000, with a year-over-year change of 1.5%. This indicates that home prices in Reston, 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 | $765,000 | 1.5% |
| Single Family | $873,000 | 0.9% |
| Condos | $425,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $470,000 | 1.3% |
3 Bed | $728,000 | 1.0% |
4 Bed | $1,099,000 | 1.6% |
| 5 Bed | $1,332,000 | 1.2% |
% of Housing Stock
Rental Trends — Reston, VA
As of July '25, Rentcast reports the average rent in Reston, VA is $2,850, with a year-over-year rent change of 5.2%. Per bedroom, the median rent as of July '25 in Reston, VA is 1-bedrooms: $1,840, 2-bedrooms: $2,620, 3-bedrooms: $3,190, 4-bedrooms: $3,560. The most common rental property sizes in Reston, VA are 2-bedroom and 1-bedroom, accounting for 48.8% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,840 |
| 2 Bed Rent | $2,500 | $2,620 |
| 3 Bed Rent | $3,200 | $3,190 |
| 4 Bed Rent | $3,950 | $3,560 |
% of Rental Stock
Property Listings — Reston, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Reston, VA is 28. This is a increase of 88.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $651,000 | -5.0% |
Listing Count | 35 | 119.0% |
| Listings as % of Homes | 0.2% | 119.0% |
Days on Market | 28 | 88.0% |
Demographics — Reston, VA
As of the latest ACS Survey released in 2023, Reston, VA has a population of 12,300, which has remained stable by -0.7% over the past 5 years. Reston, VA is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 81.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | -0.7% |
% Under 18 | 18.3% | -10.3% |
% Seniors | 15.9% | 34.7% |
% WFH | 35.6% | 245.6% |
% w/ College Degree | 81.1% | -0.6% |
As of the latest ACS Survey released in 2023, Reston, VA is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Reston, VA is hispanic, making up 11.6% of the population. Foreign-born residents account for 15.4% of the population in Reston, VA, and this percentage has decreased by 12.5% 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 | 70.3% | -7.7% |
% Black | 5.4% | 58.8% |
% Hispanic | 11.6% | 114.8% |
% Asian | 8.2% | -29.9% |
% Foreign Born | 15.4% | -12.5% |
Mortgage and Risk — Reston, VA
According to HUD data as of 2023, there were 277 mortgage originations in Reston, VA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Reston, VA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Reston, VA
As of 2024, the percent of homes in Reston, VA under the Section 8 program is 2.0%. 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. In Reston, VA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,900 | $2,390 |
| 2 Bedroom | $190 | $2,500 | $2,690 |
| 3 Bedroom | $160 | $3,200 | $3,360 |
| 4 Bedroom | $20 | $3,950 | $3,970 |
Affordability — Reston, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $765,000 |
| Median Household Income | $166,000 |