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South Fairfax News

Thursday, December 26, 2024

Fairfax County home prices rose in April 2023 compared to April 2022

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In April 2023, the median sale price of a home in Fairfax County rose by $12,500 from the same period in the previous year, while total sales decreased by 78.2%, according to BlockShopper.com.

Data shows that there were 368 homes sold in April 2023, with a median sale price of $705,000 - a 1.8% increase over the $692,500 median sale price for the same period of the previous year. There were 1,689 homes sold in Fairfax County in April 2022.

For context, the median sales tax in Fairfax County, based on the latest available data from 2021, was $6,314, which stands at 0.9% of April 2023's median home sale price.

The following histogram displays changes in median sales prices in Fairfax County from April 2022 to April 2023.

April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023$692,500$692,500$699,950$699,950$669,900$669,900$648,000$648,000$630,000$630,000$615,000$615,000$610,000$610,000$599,000$599,000$584,250$584,250$560,500$560,500$602,500$602,500$645,000$645,000$705,000$705,000

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