Falls Church, VA 22042 Real Estate & Property Data

Falls Church, VA 22042 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 583 residential properties have been sold over the past 12 months in 22042. With a median sales price of $697,500 in 22042 and a total of 1 foreclosures in Falls Church, VA 22042. Discover market trends and get the granular level real estate data for Falls Church, VA 22042 to keep your pulse on the housing market. Curate compelling home reports for Falls Church, VA 22042 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Falls Church, VA 22042 Real Estate Market Trends
Total Residential Properties 9,886
Total Commercial Properties 385
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,703
Total 2024 Residential Sales (year-to-date) 85
% of Homes Seriously Underwater (Q2 2024) 0.38%
Total 2023 Residential Sales 520
% of Equity Rich Homes (Q2 2024) 43.58%
Effective 2023 Property Tax 1.06%
Total Foreclosure Filings (year-to-date) 2
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Falls Church, VA 22042 Real Estate Overview

There were 583 residential properties sold in the past year in Falls Church, VA 22042. The median home value in Falls Church, VA 22042 is $711,929. There are a total of 9,886 residential properties in the 22042.

Median Sales Price i
$697,500
(Feb 2024)
+12.6%
year-over-year
y-o-y
  • February '24 Feb '24 $697,500
  • January '24 Jan '24 $751,000
  • December '23 Dec '23 $820,000
  • November '23 Nov '23 $765,000
  • October '23 Oct '23 $780,000
  • September '23 Sep '23 $755,500
  • August '23 Aug '23 $815,000
  • July '23 Jul '23 $660,000
  • June '23 Jun '23 $755,000
  • May '23 May '23 $740,000
  • April '23 Apr '23 $794,500
  • March '23 Mar '23 $740,500
Median Down Payment i
$72,000
(Feb 2024)
-24.2%
year-over-year
y-o-y
  • February '24 Feb '24 $72,000
  • January '24 Jan '24 $75,100
  • December '23 Dec '23 $157,075
  • November '23 Nov '23 $157,800
  • October '23 Oct '23 $286,425
  • September '23 Sep '23 $144,125
  • August '23 Aug '23 $180,000
  • July '23 Jul '23 $130,000
  • June '23 Jun '23 $147,250
  • May '23 May '23 $125,000
  • April '23 Apr '23 $188,750
  • March '23 Mar '23 $93,250
Number of Homes Sold i
40
(Feb 2024)
+60%
year-over-year
y-o-y
  • February '24 Feb '24 40
  • January '24 Jan '24 45
  • December '23 Dec '23 42
  • November '23 Nov '23 43
  • October '23 Oct '23 91
  • September '23 Sep '23 34
  • August '23 Aug '23 41
  • July '23 Jul '23 39
  • June '23 Jun '23 54
  • May '23 May '23 52
  • April '23 Apr '23 40
  • March '23 Mar '23 37
Number of Purchase Loans i
21
(Feb 2024)
-4.5%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 27
  • December '23 Dec '23 37
  • November '23 Nov '23 36
  • October '23 Oct '23 72
  • September '23 Sep '23 29
  • August '23 Aug '23 30
  • July '23 Jul '23 27
  • June '23 Jun '23 40
  • May '23 May '23 47
  • April '23 Apr '23 34
  • March '23 Mar '23 31
Number of REFI Loans i
8
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 15
  • December '23 Dec '23 11
  • November '23 Nov '23 7
  • October '23 Oct '23 34
  • September '23 Sep '23 7
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 8
  • May '23 May '23 8
  • April '23 Apr '23 7
  • March '23 Mar '23 5
Number of HELOC Loans i
14
(Feb 2024)
+133.3%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 8
  • December '23 Dec '23 12
  • November '23 Nov '23 16
  • October '23 Oct '23 18
  • September '23 Sep '23 8
  • August '23 Aug '23 9
  • July '23 Jul '23 5
  • June '23 Jun '23 7
  • May '23 May '23 6
  • April '23 Apr '23 9
  • March '23 Mar '23 14

Falls Church, VA 22042 Foreclosure Activity

There were a total of 1 Falls Church, VA 22042 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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