Northern Virginia Real Estate in 2025: What’s Happening and What It Means for You

The Northern Virginia housing market is still a hot ticket in 2025, with prices climbing and homes moving fast. Pulling from Redfin and Northern Virginia Association of Realtors (NVAR) data, here’s the scoop on home values, days on market, and what it all means for buyers and sellers in places like Fairfax, Arlington, and Alexandria.

Home values are up, but the pace is slowing. Fairfax County’s median price hit $724,600 in January 2025, a 7.1% jump from last year. Arlington’s at $771,200 (up 5.3%), and Alexandria’s around $746,000 (up 6.2%). NVAR says the region’s median was $732,750 in February, with 2025 price growth expected to cool to 3-5%. For homeowners, this means your property’s value is still rising, especially for single-family homes near D.C., but don’t expect wild leaps. Buyers, you’re facing high prices, but the slower growth gives you a bit of breathing room.

Days on market are still relatively low —14 days on average in April 2025, per NVAR, steady from last year and way faster than the national 29 days. Homes in Arlington and Alexandria, with Redfin’s high competition scores (91 and 84), fly off the market. Sellers, price right and stage well, and you have a good chance of seeing multiple offers quickly. Buyers, you need to move quickly with a solid offer, especially for hot properties inside the Beltway.

For buyers, inventory’s up 69% from last year, hitting 2,508 listings in April 2025. That’s more choice, especially for townhomes or condos, but don’t expect a bargain in Fairfax or Arlington. Focus on Prince William County for better deals (3.5% price growth) or condos with longer market times for negotiation leverage. Get pre-approved and work with a local realtor to stand out.

Sellers, you’re in a good spot with strong demand, especially for Alexandria single-family homes (9.9% price growth). But with more listings, overpricing could leave your home sitting. Use recent comps and highlight commute-friendly locations to attract return-to-office buyers.

Northern Virginia’s market is staying strong, driven by jobs and stabilizing rates around 6%. Home values keep climbing, homes sell fast, and buyers and sellers both have opportunities if they play it smart. Check out NVAR’s stats at nvar.com or Redfin’s trends for more details, and team up with a pro to make your move.

Want to buy or sell a home this year? Text or call me at (571) 946-8418 to schedule a private phone consultation.