Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
With 12,649 people, 3,963 houses or apartments, and a median cost of homes of $683,293, Fairfax Station house prices are not only among the most expensive in Virginia, Fairfax Station real estate also is some of the most expensive in all of America.
Fairfax Station is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Fairfax Station than is found in 98% of the communities in America.
The large homes that make up Fairfax Station are primarily owner-occupied ( 90.93%).
There is a lot of housing in Fairfax Station built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fairfax Station built between 1940-1969 ( 7.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 3.99%).
Real estate appreciation rates in Fairfax Station's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.
Over the last year, Fairfax Station appreciation rates have trailed the rest of the nation. In the last twelve months, Fairfax Station's appreciation rate has been 1.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fairfax Station were at -0.17%, which equates to an annual appreciation rate of -0.70%.
Relative to Virginia, our data show that Fairfax Station's latest annual appreciation rate is lower than 50% of the other cities and towns in Virginia.
|$821,001 - $1,095,000||21.5|
|$548,001 - $821,000||48.6|
|$438,001 - $548,000||8.3|
|$329,001 - $438,000||10.0|
|$219,001 - $329,000||1.9|
|$110,001 - $219,000||1.6|
|$55,001 - $110,000||0.0|
|$0 - $55,000||0.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Fairfax Station HOMES|
|2000 or Newer||4.0|
|1970 - 1999||88.6|
|1940 - 1969||7.0|
|1939 or Older||0.3|
|TYPE OF Fairfax Station HOMES|
|Small Apt. Buildings||0.0|
|SIZE OF Fairfax Station HOMES|
|5 or more bedrooms||22.42|