#VAFC2005714, Tutu Mahmudova, Listing Office: Compass
Fairfax City District Housing Market Report January 2025•Fairfax County, Virginia
Housing Prices in Fairfax City District, VA
How much do homes in Fairfax City District, VA cost?
Housing Market Conditions
Is Fairfax City District, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairfax City District is a Seller's Market
Difference Since January 2024
Since last year, Fairfax City District has remained a Seller's Market.
Fairfax City District is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fairfax City District have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Fairfax City District was $760,000 in January 2025, up 9.4% from last year, and the median price per square foot was $327.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Fairfax City | $695K | $760K | +9.4% |
Fairfax City District | $695K | $760K | +9.4% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $225K | $231K | +2.7% |
22 Bedrooms | $332.5K | $449.5K | +35.2% |
33 Bedrooms | $726K | $760K | +4.7% |
44 Bedrooms | $757.5K | $830K | +9.6% |
55+ Bedrooms | $1.1M | $974.9K | -12.6% |
Summary: Fairfax City District housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.7%. The home price for 2 bedroom homes increased by +35.2%. The home price for 3 bedroom homes increased by +4.7%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes decreased by -12.6%.
Housing supply in Fairfax City District, VA
How many homes are available in Fairfax City District, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
50Last MonthJan 2025 | ||
472 months agoDec 2024 | +6.4 % Change MoMDec – Jan |
Summary: The Fairfax City District real estate market had 50 homes for sale in Jan 2025, a 6.4 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthJan 2025 | ||
212 months agoDec 2024 | -52.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 10 | 11 | +10.0% |
33 Bedrooms | 23 | 23 | 0.0% |
44 Bedrooms | 9 | 10 | +11.1% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Fairfax City District housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairfax City District, VA cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price3 Homes
If you're buying a home in Fairfax City District, you could pay more than the asking price. 40% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Fairfax City District in January 2025, down by 52.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and and 40% were sold over asking.
Days on Market for Fairfax City District, VA
How long does it take to sell a home in Fairfax City District, VA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Fairfax City District are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in Fairfax City District; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
31 DaysThis YearJan 2025 | ||
18 Days1 year agoJan 2024 | +68.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Fairfax City District had an average listing age of 31 days in Jan 2025, up by 68.5% compared to the previous year.
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Newest Listings in Fairfax City District, VA
What homes are available in Fairfax City District, VA?
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/IDX_82.png)
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.