There are currently 32,906 real estate properties in Falls Church, VA, with a median automated valuation model (AVM) price of $714,323.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Falls Church, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Falls Church, VA, is $742,466.00, with the most expensive house in Falls Church, VA, topping out at $8,198,067.00 and the cheapest home in Falls Church, VA, clocking in at $44,972.00. In other words, there’s something for every potential homebuyer or savvy investor in Falls Church, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Falls Church, VA, is on a rollercoaster ride. The average rent price in Falls Church, VA, is $2,543.00. Indeed, when looking to rent in Falls Church, VA, you can expect to pay as little as $710.00 or as much as $6,830.00, with the average rent median estimated to be $2,500.00. The good news is that finding an affordable and desirable property to rent in Falls Church, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Falls Church is located in Falls Church, Virginia, with an estimated municipal population of 14,617 residents. All of the best foreclosed homes for sale in Falls Church are located in the following zip code areas on Foreclosure.com: 22046 22040. The estimated population per square kilometer (.62 miles) in Falls Church is 2,757.
So, about how much do homes cost in Falls Church? The most recent median value of resident-owned homes in Falls Church is 788,976. An estimated 58.3 percent of households in Falls Church own their homes, with an average family size of 3.15. The median household income in Falls Church is 127,610, with63.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Falls Church, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Falls Church? If so, the average rent price paid by renters in Falls Church is 1,867, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Falls Church, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Falls Church is 38.7, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Falls Church is 53.8, with an average family size of 3.15.
The percentage of residents who report their race in Falls Church is as follows:
| White | 79.4% |
| Black / African American | 4.9% |
| Asian | 9.9% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.7% |
| Other | 2% |
Looking for family-friendly neighborhoods in and/or near Falls Church? Or maybe you are searching for 55+ active adult communities in and/or near Falls Church?
The percentage of residents who report their age in Falls Church is as follows:
| Under 10 | 12.7% |
| Aged 10-19 | 14% |
| 20s | 11.1% |
| 30s | 13.9% |
| 40s | 14.1% |
| 50s | 15% |
| 60s | 11.1% |
| 70s | 5.5% |
| 80+ | 2.7% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Falls Church with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Falls Church.
How do you know that living in -- or moving to -- Falls Church is right where you need to be? Perhaps you grew up in Falls Church or already live nearby; therefore, the decision to buy a home in Falls Church is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Falls Church for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Falls Church:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Falls Church.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Falls Church can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Falls Church, meanwhile, can field multiple offers from more qualified buyers.
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