Photo: ajay_suresh · CC BY 2.0415 homes sold in Fairfax in the last year, at a typical $762K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fairfax homes are listed.
Every place Fairfax homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fairfax.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Fairfax’s sales are condos, at $470K less than a house
172 houses and 95 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 172 sold in 12 months
- Per square foot
- $345VA $222
- Days to sell
- 26
- Sold over asking
- 48%
- Listings with a price cut
- 25%
typical sale · 95 sold in 12 months
- Per square foot
- $341VA $301
- Days to sell
- 39
- Sold over asking
- 25%
- Listings with a price cut
- 26%
Townhouses: 148 sold, typical $866K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
415 sales in the last year, against 719 in 2017 and a low of 346 in 2023. The typical sale went from $457K in 2016 to $762K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $750K buys in Fairfax
Check a listing against what Fairfax homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fairfax are more common than before the pandemic, but 39% fewer homes come up for sale
We read every month of Fairfax’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 415 sales.
If you’re buying in Fairfax
- Shop in July. It brings about 64 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Some room to negotiate. 26% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 101.1% of the list price on average; 40% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 73 a month), and the most competition: 45% close over asking. June and July offer nearly as much choice with fewer homes bid up (41%). November has the least competition (22%) but only about 32 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Virginia
| Fairfax now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 27% | 47% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 40% | 61% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | 26% | 21% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 101.1% | 99.2% | 101.3% | 99.3% |
| Days to sellMedian days from listing to contract | 36 | 27 | 24 | 38 |
65 homes for sale on a typical day
That’s 1.9 times the 2023 low (34), 39% fewer than in 2017–19 and well under 2015’s 142.
1 in 4 listings has cut its price
26% in the last year, against 26% in 2017–19 and 25% across Virginia.
Since 2019, houses are up 38%, condos 31%
A house typically sold for $809K in the last year (172 sales), a condo for $338K (95).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Fairfax ranks 43rd of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fairfax is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fairfax home costs about $4,548 a month
Price: Fairfax’s typical sale, last 12 months. Property tax at Fairfax’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairfax is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 21.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $762K home, about $6,870 a year.
Taxes vs. neighborsCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Fairfax, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Oakton | 420 | $763K | $362 | 37% | 32 |
| Fairfax | 415 | $762K | $353 | 40% | 36 |
| Fair Oaks | 362 | $596K | $356 | 38% | 33 |
| Kings Park West | 145 | $786K | $350 | 50% | 32 |
| Mantua | 83 | $1.2M | $356 | 47% | 38 |
| Long Branch | 77 | $936K | $362 | 49% | 28 |
| George Mason | 38 | $1M | $392 | 53% | 57 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fairfax, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairfax. People who follow the town see it, and so do people comparing Fairfax with their own town. No commission, no listing fee.
Questions about buying a home in Fairfax
What do homes sell for in Fairfax, VA?
415 homes sold in the year to May 2026 at a typical $762K, $353 a square foot. Houses sold for about $809K, condos for about $338K.
Is Fairfax a buyer’s or seller’s market?
A seller’s market: 60 homes were for sale in May 2026 and 34 sold, about 1.8 months of supply. Buyers paid 101.1% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Fairfax?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fairfax?
About 0.9% of a home’s value a year. On a $762K home that’s near $6,870.
Where can I see homes for sale in Fairfax?
Zillow, Redfin, Realtor.com and Homes.com all carry Fairfax’s MLS listings; the search links above open each one filtered to Fairfax.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).