Is Falls Church, VA 22041 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Falls Church is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score38/ 100

More competitive than 36% of U.S. ZIP codes, and #298 of 358 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list15.8%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$311▲ +2.9% vs. last year

The Falls Church housing market right now

In the three months ending August 31, 2026, 16% of homes in Falls Church, VA 22041 sold above their list price, the typical home went under contract in 61 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 59 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold more slowly (45 days then) and the median sale price fell 8% to $424,816. Overall, Falls Church is less competitive than a year ago, which gives buyers more room.

Within Fairfax County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Falls Church ranks #298 of 358 VA ZIP codes with enough sales (score 38 out of 100).

Nearby, Dunn Loring 22027 (75% sold over asking) and Springfield 22153 (54% sold over asking) are even more competitive.

Nearby markets

Alexandria 22303Seller’s market $386 /sq ftAlexandria 22306Seller’s market $343 /sq ftAlexandria 22307Seller’s market $425 /sq ftAlexandria 22308Seller’s market $420 /sq ft Browse all markets →

Where Falls Church is

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Questions about Falls Church real estate

Is Falls Church a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Falls Church, VA 22041 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Falls Church?

The typical home went under contract in 61 days in the latest three months.

Do homes in Falls Church sell over asking?

16% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.

What are property taxes in Falls Church?

About 1.01% of a home’s value a year in Fairfax County, or roughly $4,040 on a $400,000 home.

What is the median home price in Falls Church?

The median sale price was $424,816 in the three months ending August 31, 2026, about $311 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology