Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 1,144,474 ↓ 0.5% since 2020 |
| Median Household Income | $150,113 101% above national median |
| Median Home Value | $699,700 |
| Unemployment Rate | 3.9% |
| Median Age | 38.9 years |
| Housing Vacancy Rate | 3.7% |
| Total Land Sales (Past 12 Months) | 197 transactions |
| Active Listings | 77 properties |
| Avg Days on Market | 265 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $423,529 |
| Recent Sales | 87 transactions |
| Avg Days on Market | 273 days |
| Avg Parcel Size | 3.30 acres |
| Active Listings | 39 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 1.84 | $1,850,000 | $1,003,199 | Mc Lean |
| Mar 2026 | 3.12 | $2,750,000 | $881,976 | Great Falls |
| Mar 2026 | 5.80 | $1,850,000 | $318,993 | Great Falls |
| Feb 2026 | 1.72 | $850,000 | $493,673 | Great Falls |
| Feb 2026 | 5.00 | $830,000 | $166,000 | Fairfax Station |
| Jan 2026 | 5.46 | $360,000 | $65,956 | Centreville |
| Jan 2026 | 1.69 | $3,500,000 | $2,071,006 | Mc Lean |
| Jan 2026 | 5.00 | $825,000 | $165,000 | Chantilly |
| Jan 2026 | 5.00 | $825,000 | $165,000 | Chantilly |
| Jan 2026 | 1.45 | $1,375,000 | $948,276 | Vienna |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $900,000 |
| Recent Sales | 110 transactions |
| Avg Days on Market | 258 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 38 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.32 | $1,242,500 | Vienna |
| Feb 2026 | 0.04 | $912,499 | Alexandria |
| Feb 2026 | 0.03 | $275,550 | Fairfax |
| Feb 2026 | 0.26 | $1,781,238 | Alexandria |
| Feb 2026 | 0.56 | $210,000 | Lorton |
| Feb 2026 | 0.44 | $1,084,000 | Alexandria |
| Feb 2026 | 0.41 | $210,000 | Lorton |
| Jan 2026 | 0.64 | $1,250,000 | Vienna |
| Jan 2026 | 0.28 | $1,250,000 | Mc Lean |
| Jan 2026 | 0.64 | $1,250,000 | Vienna |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 1,144,474 |
| Population (2020) | 1,150,309 |
| Population Growth | -0.51% |
| Median Household Income | $150,113 |
| Median Home Value | $699,700 |
| Total Housing Units | 428,352 |
| Vacant Housing Units | 15,689 |
| Housing Vacancy Rate | 3.7% |
| Median Age | 38.9 |
| Bachelor's Degree or Higher | 250,081 (21.9%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Fairfax County, Virginia has a population of 1,144,474, which has declined 0.51% since 2020. The median household income is $150,113, above the national median of $74,580 by 101.3%. With a median home value of $699,700 and an unemployment rate of 3.3%, the local economy is strong. The housing vacancy rate of 3.7% suggests tight market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $423,529 per acre, with properties averaging 3.30 acres. There are currently 77 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Fairfax County, Virginia?
As of the 2023 American Community Survey, Fairfax County has a population of 1,144,474. The county has declined 0.51% since the 2020 Census.
What is the median household income in Fairfax County?
The median household income in Fairfax County is $150,113, which is 101.3% above the national median of $74,580.
Is Fairfax County growing or shrinking?
Fairfax County is shrinking. The population has declined 0.51% since 2020.
What is the housing market like in Fairfax County?
The median home value in Fairfax County is $699,700. The housing vacancy rate is 3.7%, which suggests tight market conditions. The unemployment rate is 3.3%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $423,529 per acre. Suburban/urban lots under 1 acre have a median lot price of $900,000.
Does Reelvest buy land in Fairfax County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Fairfax County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.