Is Centreville, VA 20121 a buyer’s or seller’s market?

The Centreville housing market right now

In the three months ending August 31, 2026, 39% of homes in Centreville, VA 20121 sold above their list price, the typical home went under contract in 42 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold more slowly (32 days then) and the median sale price fell 10% to $515,777. Overall, Centreville is about as competitive as it was a year ago.

Within Fairfax County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Centreville ranks #107 of 358 VA ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Falls Church 22041 (16% sold over asking) or Mc Lean 22102 (18% sold over asking), while Dunn Loring 22027 (75% sold over asking) and Springfield 22153 (54% sold over asking) are even more competitive.