The housing market in Falls Church city, VA County is booming, with the median house value being significantly higher than the US national median of $338,100. Furthermore, Falls Church city's one-year house appreciation rate is 12.84%, significantly above the nation's 8.27% one-year average. This is an indication that now is a great time to make a real estate investment in Falls Church city due to increased property values and strong potential for future gains.
The median home cost in Falls Church City County is $900,200. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Falls Church City County is up 8.6%.
Average Age of Homes
- The median age of Falls Church City County real estate is 51 years old
The Rental Market in Falls Church City County
- Renters make up 37.0% of the Falls Church City County population
- 4.6% of houses and apartments in Falls Church City County, 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.