Fairfax County, Virginia home prices
Typical home $756,212 · +1.2% in a year · property tax 1.01%
The typical home in Fairfax County is worth $756,212, 83% more than the Virginia typical home ($412,252). Values changed +1.2% in the past year and +16.9% over five years. Homeowners here pay a median 1.01% of their home's value in property tax each year ($7,603 on the typical home), versus 0.71% statewide.
Mortgage on the typical Fairfax County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $151,242 | $604,970 | $4,070 | $0 | $1,012 | $5,081 | $217,800 |
| 10% down | $75,621 | $680,591 | $4,578 | $284 | $1,012 | $5,874 | $251,700 |
| 5% down | $37,811 | $718,402 | $4,833 | $299 | $1,012 | $6,144 | $263,300 |
| 3.5% down (FHA) | $26,467 | $742,515 | $4,995 | $334 | $1,012 | $6,341 | $271,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.01% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Washington metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fairfax City | $768,671 | +2.7% | 0.9% |
| Loudoun County | $792,206 | +1.6% | 0.85% |
| Arlington County | $802,232 | +1.3% | 0.91% |
| Alexandria City | $673,546 | +1.9% | 0.96% |
| Fauquier County | $645,183 | +2.8% | 0.75% |
| Goochland County | $583,172 | +3.7% | 0.5% |
| Prince William County | $578,429 | +1.1% | 0.94% |
| Rappahannock County | $567,353 | +4.3% | 0.49% |
| Clarke County | $562,284 | +3.0% | 0.48% |
| Albemarle County | $549,955 | +2.0% | 0.75% |
Frequently asked questions
What is the average home price in Fairfax County, VA?
The typical home value in Fairfax County is $756,212 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Fairfax County?
About $217,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Fairfax County?
The median effective rate is 1.01% of home value a year (Census ACS 2024 5-year estimates).