$743K
5.4% Y-o-Y
$38K Y-o-Y
Springfield, VA Housing Market Trends
Market Overview for Q3 2026
$456
2% Y-o-Y
$9 Y-o-Y
110
-63.3% Y-o-Y
-190 Y-o-Y
$676K
27% Y-o-Y
$146K Y-o-Y
Springfield, VA Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $613,000 | $665,000 | $619,000 | $590,000 |
| 2023 | $610,000 | $690,000 | $665,000 | $630,000 |
| 2024 | $675,000 | $715,000 | $700,000 | $661,000 |
| 2025 | $668,000 | $740,000 | $705,000 | $685,000 |
| 2026 | $685,000 | $745,000 | $743,000 |
Springfield, VA Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $386 | $398 | $382 | $370 |
| 2023 | $391 | $403 | $404 | $402 |
| 2024 | $407 | $434 | $431 | $422 |
| 2025 | $439 | $451 | $447 | $428 |
| 2026 | $429 | $448 | $456 |
Real Estate Transactions in Springfield, VA
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 307 | 385 | 362 | 256 |
| 2023 | 197 | 349 | 244 | 198 |
| 2024 | 149 | 333 | 269 | 249 |
| 2025 | 166 | 346 | 300 | 235 |
| 2026 | 189 | 392 | 110 |
Fairfax County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $710,000 | $765,000 | $740,000 | $705,000 |
| 2023 | $716,000 | $775,000 | $775,000 | $750,000 |
| 2024 | $800,000 | $850,000 | $815,000 | $795,000 |
| 2025 | $825,000 | $850,000 | $820,000 | $800,000 |
| 2026 | $820,000 | $875,000 |
Springfield, VA Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $613,000 | $665,000 | $619,000 | $590,000 |
| 2023 | $610,000 | $690,000 | $665,000 | $630,000 |
| 2024 | $675,000 | $715,000 | $700,000 | $661,000 |
| 2025 | $668,000 | $740,000 | $705,000 | $685,000 |
| 2026 | $685,000 | $745,000 | $743,000 |
Springfield, VA Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $386 | $398 | $382 | $370 |
| 2023 | $391 | $403 | $404 | $402 |
| 2024 | $407 | $434 | $431 | $422 |
| 2025 | $439 | $451 | $447 | $428 |
| 2026 | $429 | $448 | $456 |
Real Estate Transactions in Springfield, VA
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 307 | 385 | 362 | 256 |
| 2023 | 197 | 349 | 244 | 198 |
| 2024 | 149 | 333 | 269 | 249 |
| 2025 | 166 | 346 | 300 | 235 |
| 2026 | 189 | 392 | 110 |
Fairfax County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $710,000 | $765,000 | $740,000 | $705,000 |
| 2023 | $716,000 | $775,000 | $775,000 | $750,000 |
| 2024 | $800,000 | $850,000 | $815,000 | $795,000 |
| 2025 | $825,000 | $850,000 | $820,000 | $800,000 |
| 2026 | $820,000 | $875,000 | 0 |
Median Sale Price by Number of Bedrooms
Springfield, VA Housing Stock
Property Type
Units
20,999
57
18
10,093
2
Fairfax County: Demographics
Total population
31,154
Median age
41.6
No high school education
5.9%
Some high school/college
25.9%
Bachelor's degree
25.9%
Average household income
$152,385
Occupied housing units
10,399
Owner-occupied units
66.0%
Renter-occupied units
34.0%
Median year structure built
1975
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