$6,650 Closing Credit¹
#VAAX2040612, Tim Tassa, Listing Office: Long & Foster Real Estate, Inc.
Parkfairfax Housing Market Report January 2025•Alexandria County, Virginia
Housing Prices in Parkfairfax, VA
How much do homes in Parkfairfax, VA cost?
Housing Market Conditions
Is Parkfairfax, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Parkfairfax is a Seller's Market
Difference Since January 2024
Since last year, Parkfairfax has remained a Seller's Market.
Insight
Parkfairfax is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$392,500$437/SqFt
+$32,500
+9.0%
Based on all homes sold in the last 12 months
Insight
Homes in Parkfairfax have sold for 9% more than they did a year ago.
Summary: The median home sold price in Parkfairfax was $392,500 in January 2025, up 9% from last year, and the median price per square foot was $437.
Median Sold Price By Neighborhoods
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| North Ridge / Rosemont | $600K | $687.5K | +14.6% |
| Parkfairfax | $360K | $392.5K | +9.0% |
| Fairlington | $539.2K | $565.6K | +4.9% |
| North Ridge | $1.0M | $1.0M | +2.7% |
| South Fairlington | $596K | $607K | +1.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $322.6K | $327.4K | +1.5% |
| 22 Bedrooms | $422.5K | $411K | -2.7% |
| 33 Bedrooms | $548.2K | $501.5K | -8.5% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Parkfairfax housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.5%. The home price for 2 bedroom homes decreased by -2.7%. The home price for 3 bedroom homes decreased by -8.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Parkfairfax, VA
How many homes are available in Parkfairfax, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthJan 2025 | ||
| 152 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Parkfairfax real estate market had 15 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 52 months agoDec 2024 | -20.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 7 | +16.7% |
| 22 Bedrooms | 6 | 6 | 0.0% |
| 33 Bedrooms | 3 | 2 | -33.3% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Parkfairfax housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Parkfairfax, VA cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Parkfairfax, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Parkfairfax in January 2025, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and and 75% were sold over asking.
Days on Market for Parkfairfax, VA
How long does it take to sell a home in Parkfairfax, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Parkfairfax has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Parkfairfax; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 56 DaysThis YearJan 2025 | ||
| 16 Days1 year agoJan 2024 | +238.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Parkfairfax had an average listing age of 56 days in Jan 2025, up by 238.8% compared to the previous year.
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Newest Listings in Parkfairfax, VA
What homes are available in Parkfairfax, VA?
Backup offers
$4,928 Closing Credit¹
#VAAX2040854, Jonathan Asfour, Listing Office: Samson Properties
Video tour
$3,859 Closing Credit¹
#VAAX2041476, Karina B Srebrow, Listing Office: Beltran & Associates Realty LLC
$5,106 Closing Credit¹
#VAAX2040936, Jerry J White, Listing Office: Keystone Realty
Backup offers
$4,868 Closing Credit¹
#VAAX2040736, Ashley Alperin, Listing Office: KW Metro Center
Backup offers
$5,926 Closing Credit¹
#VAAX2040180, Terry Rader, Listing Office: Coldwell Banker Realty
Backup offers
$5,926 Closing Credit¹
#VAAX2038866, Tim Tassa, Listing Office: Long & Foster Real Estate, Inc.
Backup offers
$4,571 Closing Credit¹
#VAAX2038066, Katie E Wethman, Listing Office: EXP Realty, LLC
$3,551 Closing Credit¹
#VAAX2037408, STEPHEN V REITANO, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
$5,332 Closing Credit¹
#VAAX2037194, Jerry J White, Listing Office: Keystone Realty
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 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: 2/23/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.