Everyone buying a home wants to know the average home prices in the areas that interest them. People planning to sell their homes like this information too. While real estate is extremely hyper-local, just getting an idea of prices in a particular area can be helpful. Home prices vary greatly from one locality to the next.
Here's a quick and easy guide to the average prices in different cities and towns in Northern Virginia -- note that within each of these areas prices can vary widely depending upon particular neighborhood. This is a general guide just to prices within the cities and towns.
I've broken it down by type of home -- detached single family, townhouse, and condo. You should also note that these averages are based on MRIS data of currently listed homes. The data does not include for sale by owner properties, and does not necessarily indicate the prices for which these homes will eventually sell. The numbers are meant to give you a general landscape of the different average prices by jurisdiction.
ALEXANDRIA
Detached $975,816
Townhouse $909,432
Condo $323,811
ANNANDALE
Detached $614,283
Townhouse $339,196
Condo $139,810
ARLINGTON
Detached $995,863
Townhouse $718,379
Condo $522,667
BURKE
Detached $644,839
Townhouse $311,589
Condo $189,975
FAIRFAX
Detached $746,033
Townhouse $450,917
Condo $261,364
FALLS CHURCH
Detached $776,188
Townhouse $467,817
Condo $423,050
MCLEAN
Detached $2,085,052
Townhouse $853,474
Condo $500,265
RESTON
Detached $777,019
Townhouse $478,080
Condo $365,362
SPRINGFIELD
Detached $565,446
Townhouse $315,143
Condo $159,780
You can certainly see the disparity between the different locations. Use this as a handy-dandy guide to helping you choose where to purchase your next home. The average home in McLean is obviously very different from the average home in Springfield.
Of course, for a more detailed pricing guide broken down to a more micro level including zip codes or particular neighborhoods, feel free to contact me anytime.
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