Welcome to our 22041 real estate data hub, tailored for investors in Falls Church, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 22041 in Falls Church, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in FAIRFAX COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Falls Church, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Falls Church property market.
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Location Overview
- Zip Code: 22041
- City: Falls Church
- State: VA
- Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
- County Name: FAIRFAX COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $429,622
- Average Home Price (Single Family Homes): $684,438
- Average Monthly Rental Price (All Types): $2,208
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: -0.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,920
- Average 3 Bedroom Section 8 Rental Rates: $2,400
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.65
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.92
- Number of Units Offered in Section 8 in the County: 2860
- Number of Occupied Units in Section 8 in the County: 2700
- Percentage of Section 8 Units Occupied in the County: 94.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 239.29
- Total % Appreciation since 2000 (Government Data): 204.82
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.28%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.2%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.22%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.56%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.62%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.88%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 106.66%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.35%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.8%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 22.41%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 27.36%