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FAIRFAX, VA 22031

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The FAIRFAX, VA real estate market (22031) currently shows 49 active listings, with 20 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 20 days on market compared to 17 days last year.

The median listing price has fallen 20.7% year-over-year, from $906,000 to $718,750.

Whether you are buying or selling in FAIRFAX, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 35,872  ·  Density: 1,943.4/mi²  ·  Median household income: $126,049

Typical home value: $692,407  ·  Homeownership: 48.7%

Market Overview

Active Listings
49
⇧ 14% vs 43 last year
Pending
20
41% pending ratio
Median Price
$718,750
⇩ 20.7% vs $906,000 last year
Average Price
$885,823
⇩ 16.6% vs $1,062,587 last year
Days on Market
20
⇧ 17.6% vs 17 days last year

Price Per Square Foot

Median $/sqft
$361
⇩ 5.7% vs $383/sqft last year
Median Home Size
1,546 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 43 last year
  • Days on market: 20 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $718,750 (-20.7% YoY)
  • Average: $885,823 (-16.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.2 miles — 429 listings ($420,297,846 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22031Fairfax, VA 220310.0 mi41$32,758,303$740,000$798,983
22027Dunn Loring, VA 220273.2 mi2$2,724,000$1,362,000$1,362,000
22032Fairfax, VA 220323.2 mi24$27,018,120$895,000$1,125,755
22181Vienna, VA 221813.7 mi28$37,079,056$1,250,000$1,324,252
22043Falls Church, VA 220434.4 mi49$78,313,466$1,717,850$1,598,234
22046Falls Church, VA 220464.7 mi67$82,075,000$1,005,000$1,225,000
22015Burke, VA 220155.1 mi34$23,703,848$650,000$697,172
22044Falls Church, VA 220445.6 mi15$13,533,345$880,000$902,223
22152Springfield, VA 221526.0 mi30$17,937,210$574,694$597,907
22312Alexandria, VA 223126.4 mi50$25,893,650$405,000$517,873
22205Arlington, VA 222056.7 mi24$42,160,800$1,987,450$1,756,700
20191Reston, VA 201917.2 mi48$25,700,304$417,450$535,423
22150Springfield, VA 221507.2 mi17$11,400,744$672,450$670,632

Frequently Asked Questions

How many homes are for sale in FAIRFAX, VA 22031?

As of February 2026, there are 49 active listings in FAIRFAX, VA (zip code 22031), compared to 43 the prior year.

What is the median home price in FAIRFAX, VA 22031?

The median listing price in FAIRFAX, VA 22031 is $718,750 as of February 2026, a 20.7% decrease from $906,000 the prior year.

How long do homes stay on the market in FAIRFAX, VA?

Homes in FAIRFAX, VA 22031 spend an average of 20 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in FAIRFAX, VA 22031?

Based on current inventory and days-on-market data as of February 2026, FAIRFAX, VA 22031 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 20 days on market compared to 17 days last year.

How much can I save on real estate commission in FAIRFAX, VA?

With SELL123.com's maximum 3% commission, sellers in FAIRFAX, VA 22031 save an estimated $14,375 compared to a typical 5% commission on the median listing price of $718,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.