A new data analysis finds two local communities have seen the largest year-over-year declines in median rents across the metro area.
Herndon posted a drop of 4.8% to $2,000, and Fairfax City saw a 3.8% dip to $2,010 in the median rental price of one-bedroom apartments in June, according to the latest monthly report from Zumper.
Fairfax County home sales increased year-over-year during the first six months of 2026, with average, median and per-square-foot sales prices also up.
A total of 6,289 residential properties changed hands between Jan. 1 and June 30, according to figures reported Friday (July 10) by MarketStats by ShowingTime.
Median year-over-year apartment rents declined in seven of eight Fairfax County corridors and the county overall in June, according to new data.
Only Lorton saw an increase in figures released June 30 by Apartment List. Its median rent was up 0.2%, standing at $2,250 for one-bedroom units, $2,728 for two bedrooms and $2,778 for all bedroom sizes.
The federal government is considering offloading at least parts of its Franconia warehouse and U.S. Geological Survey campuses in Fairfax County.
Both properties were listed by the General Services Administration (GSA) in spring 2025 as potential sale targets as part of the new Trump administration’s bid to slash federal spending.
A Fairfax County community tops the list as Virginia’s most expensive place to purchase a starter home.
Great Falls is one of 242 communities nationally where the typical entry-level home costs $1 million or more, according to a new analysis from Zillow.
A combination of more sales and higher average prices pushed Fairfax County’s real estate sales volume up 17% year-over-year in May, according to new data.
A total of 1,427 residential properties went to closing last month, up 11.7% from 1,278 in May 2025, according to figures that MarketStats by ShowingTime reported June 10 based on data from Bright MLS.
Year-over-year apartment rents were down across Fairfax County in May, mirroring a national trend.
All seven areas of the county analyzed by Apartment List in its monthly report showed declines from May 2025, even as the rental market experienced its typical seasonal growth from winter to spring.
Fairfax County’s average home sales price tiptoed toward $1 million in April, as the spring buying market was dominated by upper-end properties.
“There is significant pent-up demand in the marketplace, but higher-income buyers are the ones primarily driving activity while budget-conscious buyers remain more sensitive to rate volatility and economic uncertainty,” said Lisa Sturtevant, chief economist for Bright MLS, the region’s multiple listing service.
Construction is progressing on a new townhome neighborhood near the Vantage Hill Condominiums in Reston.
Two buildings containing the first seven of 28 houses planned in The Fairland at Vantage Hill are on track to be completed this summer, likely in July or August, according to Craftmark Homes sales manager Lori Windsor.
Apartment rents dipped year over year across most of Fairfax County in April, according to new data.
Seven of eight different geographic corridors of the county posted declines of between 0.8% and 2.9%, according to figures reported yesterday (Tuesday) by Apartment List.
