Home Values

22031 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$481,400

  • 0.2% 1-year change
  • -0.6% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

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Buyers' Market
Sellers' Market

The median home value in 22031 is $481,400. 22031 home values have gone up 0.2% over the past year and Zillow predicts they will fall -0.6% within the next year. The median list price per square foot in 22031 is None. The median rent price in 22031 is $2,189, which is higher than the Fairfax median of $1,918.

Foreclosures will be a factor impacting home values in the next several years. In 22031 0.7 homes are foreclosed (per 10,000). This is lower than the Fairfax value of 0.8 and also lower than the national value of 3.5

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 22031 homeowners underwater on their mortgage is 8.5%, which is higher than Fairfax at 8.2%.

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Relative ZHVI
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22031 Market Overview

Data through May 31, 2015
  • $481,400 ZHVI
  • -0.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $514,925 Median sale price
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22031 Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 8.5% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

0.7 homes 22031
0.8 homes Fairfax
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
22027 $877,200
22181 $706,400
22180 $598,400
Name Median ZHVI
22032 $537,000
22003 $473,600
22042 $453,400

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $316 Median sale price / sq ft
  • No data Listings with price cut
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22031 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,371 22031
    $2,440 Fairfax
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,189 Rent list price
  • $1.87 Rent list price / sq ft
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