Lorton, VA 22079 - Real Estate Investment Insights & Performance Data

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.

• Location Overview

  • Zip Code: 22079
  • City: Lorton
  • State: VA
  • Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
  • County Name: FAIRFAX COUNTY

• 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%

• 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%

• 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%

• 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%