Major metropolitan market · Virginia · September 2026 data

What is the Northern Virginia, VA real estate market doing?

As of September 2026, the median home listed in Northern Virginia, VA asks $572,150, down 4.6% year over year. Homes spend a median of 43 days on market, with 16,579 active listings and 20% carrying a price cut; pending contracts equal 38% of active listings, and inventory sits at 112% of the same month in 2019 — a seller-leaning market. Estimated gross rental yield on the median listing is 4.7%. Figures come from public records and industry data, updated monthly.

Median listing price
$572,150
▼ 4.6% YoY
Median $ / sq ft
$301
1,907 sq ft median
Median days on market
43
September 2026
Active listings
16,579
For sale now
New listings
7,648
September 2026
Listings with price cuts
20%
Share of active
Inventory vs 2019
112%
Same month, 2019 = 100
Pending / active
38%
Contract activity

What is the Northern Virginia, VA housing market doing right now?

The Northern Virginia, VA housing market lists at a $572,150 median as of September 2026, down 4.6% year over year, with a 43-day median market time and 16,579 homes for sale (20% with a price cut). Active inventory is 112% of the 2019 level, reading as a seller-leaning market by days-on-market pace. Gross rental yield is about 4.7%.

Northern Virginia housing market statistics

The table summarizes Northern Virginia's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Northern Virginia, VA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$572,150-4.6% YoY
Median price per sq ft$3011,907 sq ft median
Median days on market43+13% YoY
Active listings16,579+16% YoY
New listings this month7,648September 2026
Listings with a price cut20%Share of active
Pending-to-active ratio37.9%6,284 pending
Inventory vs 2019112%Active listings vs same month in 2019
Gross rental yield4.7%2BR fair market rent

How have home prices changed in Northern Virginia?

Northern Virginia home prices are down 4.6% year over year and +1.3% month over month as of September 2026, at a $572,150 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$625K$606K$587K$569K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Northern Virginia VA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$649K$605K$562K$518K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Northern Virginia VA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Northern Virginia?

Northern Virginia has 16,579 active listings, 7,648 new this month, 6,284 pending as of September 2026. About 20% of active listings have cut their price, and inventory sits at 112% of its 2019 level — a seller-leaning market by pace.

Active listings
16,579
New this month
7,648
Pending
6,284
Price-reduced
3,339

Is Northern Virginia a good real estate investment?

Northern Virginia scores 54/100 on WealthyBud's composite Investor Score, ranking #363 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
54/100
#363 of 933 covered metros
12-month outlook
-1.7%
Flat · model output, not advice
Momentum
40
Value
62
Rental yield
72
Supply risk
69
Market heat
74

Northern Virginia scores 54/100 on our composite Investor Score (#363 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $2,223/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 112% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 4.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Northern Virginia ranks on the trending markets index.

How much is a monthly mortgage payment in Northern Virginia?

A home at Northern Virginia's $572,150 median listing runs about $3,132 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,827/mo
−$305/mo vs today
At today's rate · 7.28%
$3,132/mo
National weekly average
If rates rise 1% · 8.28%
$3,448/mo
+$317/mo vs today

Principal & interest on the $572,150 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Northern Virginia?

To buy Northern Virginia’s $572,150 median listing with 20% down, a household needs about $153,000 a year in gross income, keeping principal, interest and property tax ($3,570/mo) at 28% of income. That is 1.2× the area’s $123,896 median household income, so a typical Northern Virginia household cannot afford the median listing on these terms.

Income needed to buy the median home in Northern Virginia, VA — September 2026
ItemAmountBasis
Median listing price$572,150September 2026
Down payment (20%)$114,430Assumption
Principal & interest (7.28%, 30-yr fixed)$3,132/moRate as of 2026-10-01
Property tax (0.92% effective rate)$439/moCensus ACS
Income needed (28% rule)$153,000Gross household income / yr
Median household income$123,896Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Northern Virginia housing market?

Longer-run demand in Northern Virginia shows up in 18,073 homes permitted in 2025; net migration of -28,891 residents. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
18,073
▼ 17.6% vs 2024
2.9 per 1,000 residents
Net migration (2022–2023)
-28,891
▼ people, via tax-return records
net income flow −$3389.6M/yr
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Northern Virginia real estate news?

Northern Virginia's housing market shows resilience with some outperformance, but future slowdowns and unique influences like cryptocurrency are noted. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Northern Virginia housing market FAQ

What is the median home price in Northern Virginia?
As of September 2026, the median listing price in Northern Virginia, VA is $572,150, down 4.6% year over year (source: public records and industry data).
How much does it cost to buy a home in Northern Virginia?
The median home listed in Northern Virginia asks $572,150 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,132 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Northern Virginia?
The median property in Northern Virginia spends 43 days on the market, with 16,579 homes actively listed and 20% of them carrying a price cut — a seller-leaning market as of September 2026.
Is it a buyer's or seller's market in Northern Virginia?
With a median 43 days on market and 20% of active listings carrying a price cut, pending contracts at 38% of active listings, Northern Virginia reads as a seller-leaning market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Northern Virginia a good place to invest in real estate?
Northern Virginia scores 54/100 on WealthyBud's Investor Score, ranking #363 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Northern Virginia?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Northern Virginia and the wider Virginia market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.