Real Estate Market Update for Falls Church, VA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 37% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 560-thousand dollars. The number of units sold decreased 5% year-over-year, and decreased 23% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Falls Church, VA

Area Information for Falls Church, VA
  • Population: 14,419
  • Median Age: 41.81 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 5
  • Sales Tax: 0%
  • Population Density: 6,965/sq mi
  • Population Change Since 2000: 39.15%
  • Closest Airport: Ronald Reagan Washington National
  • Closest College: Stratford University-tysons Corner Cmps
  • Closest Jr. College: Northern Virginia Cmnty Cllg-alexandria
  • Median Household Income: $135,294
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $685,000
  • Closest Major Sports Team: Washington Capitals
  • Change Avg. Household Income Since 2000: 98.19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Falls Church, VA
Median Age: 41.81 Married: 44% Number of Households: 5,998 Households with Children: 1,947
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Falls Church, VA

      School Name Distance Type Grades School Rating
      Falls Church Episcopal Day School 0.5 mi Private PRESCHOOL-K 0
      Jessie Thackrey Preschool 0.5 mi Public PRESCHOOL-PRESCHOOL 0
      Kaye Kare Inc 0.7 mi Private PRESCHOOL-PRESCHOOL 0
      Bailey's Upper Elementary School For The Arts And Sciences 0.9 mi Public 3-5 1
      Congressional Schools Of Virginia 1.0 mi Private PRESCHOOL-8 0
      Thomas Jefferson Elementary School 1.1 mi Public 3-5 4
      Westlawn Elementary School 1.1 mi Public PRESCHOOL-6 1
      Graham Road Elementary School 1.2 mi Public PRESCHOOL-6 0
      Sleepy Hollow Elementary School 1.3 mi Public K-5 1
      St. James Catholic School 1.3 mi Catholic PRESCHOOL-8 0
      Grace Lutheran School 1.3 mi Private K-8 0
      Justice High School 1.5 mi Public 9-12 1
      Early Years Montessori School 1.5 mi Private PRESCHOOL-K 0
      Beech Tree Elementary School 1.5 mi Public PRESCHOOL-5 2
      Timber Lane Elementary School 1.7 mi Public PRESCHOOL-6 1
      Mt Daniel Elementary School 1.7 mi Public K-2 0
      Montessori School Of Northern Virginia-valleybrook 1.8 mi Private - 0
      Montessori School 1.9 mi Private PRESCHOOL-K 0
      Corpus Christi School 2.0 mi Catholic K-8 0
      Bailey's Elementary For The Arts And Sciences Head Start 2.0 mi Public PRESCHOOL-2 0
      Bailey's Elementary School For The Arts And Sciences 2.0 mi Public K-2 0
      Trinity School At Meadow View 2.0 mi Private 7-12 0
      Pine Spring Elementary School 2.0 mi Public PRESCHOOL-6 1
      Haycock Elementary School 2.1 mi Public K-6 5
      Community Based Education 2.1 mi Public 9-12 0
      Corpus Christ Early Childhood Center 2.2 mi Catholic PRESCHOOL-PRESCHOOL 0
      Falls Church High School Academy 2.2 mi Public 9-12 0
      Falls Church High School 2.2 mi Public 9-12 1
      Falls Church Governor's Health Sciences Academy 2.2 mi Public UNGRADE-UNGRADE 0
      Shrevewood Elementary School 2.3 mi Public K-6 3
      Glen Forest Elementary School 2.5 mi Public PRESCHOOL-5 1
      Belvedere Elementary School 2.5 mi Public PRESCHOOL-5 4
      Lemon Road Elementary School 2.5 mi Public PRESCHOOL-6 4
      Longfellow Middle School 2.5 mi Public 7-8 5
      Montessori School-holmes Run 2.7 mi Private PRESCHOOL-K 0
      Crossroads Christian Academy 2.7 mi Private 1-5 0
      Woodburn Elementary School 2.9 mi Public K-6 0
      Jackson Middle School 3.2 mi Public 7-8 3
      Davis Vocational Center 3.3 mi Public 12-12 0
      Marshall Governor's Stem Academy 3.3 mi Public 9-12 0
      Marshall High School Academy 3.3 mi Public 9-12 0
      Marshall High School 3.3 mi Public 9-12 4
      Pimmit Early Childhood Resource Center 3.5 mi Public PRESCHOOL-PRESCHOOL 0
      Westgate Elementary School 3.7 mi Public PRESCHOOL-6 3
      George Mason High School 5,536.6 mi Public 9-12 4
      Mary Ellen Henderson Middle School 5,536.6 mi Public 6-8 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Falls Church, VA
        Data powered by Attom Data Solutions. Copyright© 2021. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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