Welcome to our 22079 real estate data hub, tailored for investors in Lorton, 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 22079 in Lorton, 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 Lorton, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lorton property market.
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Location Overview
- Zip Code: 22079
- City: Lorton
- 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): $615,543
- Average Home Price (Single Family Homes): $644,287
- Average Monthly Rental Price (All Types): $2,309
- Price-to-Rent Ratio: 22
- Zillow Projected % appreciation from 4/2023-4/2024: -0.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,120
- Average 3 Bedroom Section 8 Rental Rates: $2,650
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.2
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 19.36
- 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): 238.31
- Total % Appreciation since 2000 (Government Data): 194.32
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.07%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.17%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 14.18%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 21.36%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.95%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.77%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 103.55%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.22%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.41%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 15.53%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 20.06%