The housing market in Great Falls, VA (zip code 22066) is doing well compared to the US as a whole. The median value of housing in Great Falls is $1,402,300, which is significantly higher than the US median of $338,100. In addition, while the US experienced an appreciation rate of 8.27% over the last year, Great Falls saw a slightly lower appreciation rate of 3.59%. This indicates that although it may be more expensive to live in Great Falls than other parts of the country, homeowners are at least seeing some return on their investment.
The median home cost in Great Falls (zip 22066) is $1,402,300. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Great Falls (zip 22066) is up 8.6%.
Average Age of Homes
- The median age of Great Falls (zip 22066) real estate is 33 years old
The Rental Market in Great Falls (zip 22066)
- Renters make up 5.4% of the Great Falls (zip 22066) population
- 0.1% of houses and apartments in Great Falls (zip 22066), 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.