Housing in Falls Church, VA is significantly more expensive than the US national median value of $338,100. The median value for a home in Falls Church is currently at $851,000. Despite the higher prices, appreciation for housing in Falls Church has been slow over the past year with an increase of only 3.59%, compared to the 8.27% across the US. Despite this, it is clear that housing in Falls Church remains a valuable investment for those looking to buy a home in this area.
The median home cost in Falls Church is $851,000. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Falls Church is up 8.6%.
Average Age of Homes
- The median age of Falls Church real estate is 51 years old
The Rental Market in Falls Church
- Renters make up 37.0% of the Falls Church population
- 4.6% of houses and apartments in Falls Church, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.