Falls Church, VA Home Values & Market Trends

Real estate market trends reflect that there have been 1,662 transactions over the past year in Falls Church. The median value for residential home transactions that occurred over the previous year is $738,683.55. The number of current listings in Falls Church is 151, and the percentage of properties for sale in the city is 151.00%. Falls Church, VA currently has 16 properties in foreclosure, 0 bank owned properties, 16 properties headed for auction, and 151 properties for sale.

Falls Church, VA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
22042

$ 803,118

$ 399/sqft

22043

$ 1,046,815

$ 373/sqft

22042

$ 803,118

$ 399/sqft

22046

$ 1,145,439

$ 441/sqft

22041

$ 395,142

$ 318/sqft

22046

$ 1,145,439

$ 441/sqft

22041

$ 395,142

$ 318/sqft

22044

$ 277,386

$ 324/sqft

22043

$ 1,046,815

$ 373/sqft

22044

$ 277,386

$ 324/sqft

Housing Market Summary for Falls Church, VA

Apr 2023March 2024Change
Median Listing Price$684.5K$714.2K4.35%
Median Sold Price$680K$714.2K5.04%
Homes For Sale150150-
Homes Sold72384617.01%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Falls Church, VA

Falls Church home values range from $85,016 to $46,065,313. The median estimated value of a home in Falls Church is $738,683.55. The median list price of a home is 640,000, and the total count of properties in the city is 33,062.

Foreclosure
There are 10 zips within Falls Church, VA; within these zips, the median estimated home value for homes in foreclosure ranges from $772,553 in 22042 to the lowest value of $227,246 in 22042. Foreclosure homes account for 0.00% of properties in Falls Church, VA with 22041 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Falls Church, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Falls Church, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Falls Church, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Falls Church, VA. There are 10 zips within Falls Church, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    22041 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Falls Church, VA. Auction homes and other auction properties account for 0.05% of all properties in Falls Church, VA. There are 10 zips within Falls Church, VA; of those zips, the median estimated home value for homes going to auction ranges from $1,335,518 in 22043 to the lowest value of $227,246 in 22043.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.46% of residential properties in Falls Church, VA with 22042 containing 47 homes for sale, the highest number of listed properties in a single zip. There are 10 zips within Falls Church, VA; homes for sale in those zips, have a range of median values from $2,786,841 in 22046 to the lowest value of $151,064 in 22044.
    Sold Homes
    The median value for recently sold homes ranges from $2,388,984 in 22043 to the lowest price of $122,424 in 22043. There are 10 zips within Falls Church, VA. 22042 has 268 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.51% of properties in Falls Church, VA.

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      Guide for Falls Church, VA

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      Market Reports|posted 1 April 2024

      Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.

      Steady Growth Marks Norfolk Real Estate Landscape; Property Value Reaches $315K in March 2024
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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      Recently Listed Homes Falls Church, VA

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