Home Values

Falls Church 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

$485,500

  • 1.5% 1-year change
  • 0.5% 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 city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in Falls Church is $485,500. Falls Church home values have gone up 1.5% over the past year and Zillow predicts they will rise 0.5% within the next year. The median list price per square foot in Falls Church is None. The median rent price in Falls Church is $1,950, which is higher than the Washington Metro median of $1,900.

Foreclosures will be a factor impacting home values in the next several years. In Falls Church 1.1 homes are foreclosed (per 10,000). This is lower than the Washington Metro value of 3.8 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Falls Church is 2.0%, which is lower than the national value of 6.3%. 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 Falls Church homeowners underwater on their mortgage is 10.4%, which is lower than Washington Metro at 18.2%.

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Relative ZHVI
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Falls Church Market Overview

Data through Apr 30, 2015
  • $485,500 ZHVI
  • 0.5% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $471,500 Median sale price
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Falls Church Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 10.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.1 homes Falls Church
3.8 homes Washington Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Brookmont $933,900
Mc Lean $876,500
Cabin John $823,600
Name Median ZHVI
Dunn Loring $809,500
Vienna $707,500
Arlington $610,700
Name Median ZHVI
Annandale $473,100
Rose Hill $460,100
Lincolnia $433,700

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $335 Median sale price / sq ft
  • No data Listings with price cut
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Falls Church Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,371 Falls Church
    $2,107 Washington Metro
    $1,364 United States

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

  • 4.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,950 Rent list price
  • $1.82 Rent list price / sq ft
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