Real Estate Investing in Oakton, Virginia (22124)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22124 (Oakton, VA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 30.0 — hard to cash-flow at these prices.
What’s happening in Oakton, VA (22124)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22124 Oakton
This part of Fairfax County is not an easy win. The 22124 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On the rental side, the numbers look inviting — $1.1M purchase price, 0.0% nominal cap — the work to hit that pro forma in 22124 is substantial and deserves full respect.
The gap between 22124 and stronger Oakton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A solid renter share of 14% in 22124 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. solid returns are possible in 22124, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Oakton:
Property Strategy for 22124
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $297,713 | $2,390 | 5.8% | +4.2% | $297,713 |
| 2BR | $377,378 | $2,660 | 5.1% | +3.0% | $188,689 |
| 3BR | $718,685 | $3,360 | 3.4% | +4.0% | $239,562 |
| 4BR | $1,172,201 | $3,950 | 2.4% | +5.4% | $293,050 |
| 5BR | $1,638,066 | — | — | +6.7% | $327,613 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22124 Compare?
| Metric | 22124 | Oakton | Virginia |
|---|---|---|---|
| Home Value | $1,093,239 | $1,093,239 | $403,170 |
| 5-Year CAGR | 3.9% | 3.9% | 6.4% |
| Avg Rent | $3,037 | $3,037 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22124 (Oakton, VA). Anonymous, moderated, never written by AI.
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Property managers serving Fairfax County
Manage rentals here? List your business →CAMP provides HOA community management services for condos and co-ops in VA, MD, and DC. summary from their website
Chambers Theory provides residential and commercial property management services in Northern Virginia, DC, and MD, with customized plans and guarantees. summary from their website
HomeRiver Group offers property management, brokerage, rehab and construction, leasing, renewals, and maintenance services for single-family and multi-family homes. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,093,239 |
| Monthly Rent | $3,037 |
| Price-to-Rent | 30.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 22124
Population: 18,915
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 22124
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Flint Hill Elementary
Oakton High
Madison High
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,004 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of vacancy should I budget for in Oakton, VA?
Oakton, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
Is Oakton, VA a good market for buy-and-hold investors?
Oakton, VA clocks in at an investability rating of 3.0/5, with median home values near $1.1M and average rents around $3,037/mo. That combination puts it in the solid tier for investor interest.
How strong is the working-renter base in Oakton, VA?
Expect a solid tenant pool in Oakton, VA. The rental market absorbs $3,037/mo rents without meaningful friction.
How do landlord-tenant laws work in Oakton, VA?
For rental operators, Oakton, VA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are homes affordable in Oakton, VA?
The median home value in Oakton, VA is roughly $1.1M. That puts it reasonable relative to the VA statewide average.
You know 22124 now. You don’t know where it ranks.
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How 22124 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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