Why Live in Fairfax
Fairfax, Virginia, is a small city with a rich history dating back to its founding as the town of Providence in 1805. It became an incorporated city in 1961 and now serves as the county seat of Fairfax County, the most populous county in Virginia. Fairfax's population was 24,146 in 2020, and the city is preparing for future growth with its 2035 Comprehensive Plan, which includes adding mixed-income and affordable housing and expanding cycling infrastructure. The city features numerous parks, such as Van Dyck Park with its extensive amenities and trails, and Daniel Runs Park, popular for its hiking trails and playground. Annual events like the Independence Day Parade, Chocolate Lovers Festival, and Fall Festival draw visitors and foster community spirit. Fairfax offers a mix of midcentury homes, traditional-style mansions, and luxury townhouses, particularly around Old Town Fairfax. Residents can shop at local grocery stores or visit nearby retail hubs like Fairfax Corner and Fair Oaks Mall. Dining options include the Auld Shebeen, an authentic Irish pub. Education is served by Fairfax County Public Schools, ranked highly in the state, and private options like Saint Leo the Great School. George Mason University, a top-ranked public research university, is also located here. Fairfax has a lower crime rate compared to the national average, with a Community Response Team addressing behavioral health emergencies. Commuting is facilitated by Interstate 66 and the Vienna/Fairfax-GMU Metro station, with additional local transit options provided by the CUE bus system and Fairfax Connector. Ronald Reagan Washington National Airport is 20 miles away.
Home Trends in Fairfax, VA
On average, homes in Fairfax, VA sell after 20 days on the market compared to the national average of 70 days. The median sale price for homes in Fairfax, VA over the last 12 months is $460,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$460,000
Median Single Family Sale Price
$785,000
Median Townhouse Sale Price
$961,275
Median 2 Bedroom Sale Price
$433,500
Median 1 Bedroom Sale Price
$327,500
Average Price Per Sq Ft
$388
Number of Homes for Sale
46
Last 12 months Home Sales
625
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%