Fairfax city · Washington-Arlington-Alexandria · population 26,340
Where Fairfax stands
At or near all-time high. population growing 2.2% per year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 28.1 price-to-rent ratio, renting beats buying in Fairfax for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.
How the momentum score breaks down
methodology →Fairfax has held up across the cycle: home values at $799,544 with +3.8% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Fairfax's rents are softening (-2.1% YoY) while home values stall (-0.9%). When rents fall, the cap-rate math gets ugly for investors and the 'rent vs buy' equation tilts toward renting — neither helps prices.
About Fairfax
Fairfax is a city in Fairfax city, Virginia, with an estimated population of 26,340. It anchors the Washington-Arlington-Alexandria metro area. The population has grown 2.2% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Fairfax is $799,544 as of 2026-04, down 0.9% over the last 12 months. Over the last five years, home values have averaged +3.8% annual growth, with prices at or near the 5-year peak. Rents in Fairfax average $2,373 per month, down 2.1% year-over-year. The composite momentum score is 61 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
▲ Bull case
▼ Bear case
About Fairfax (Wikipedia)
Fairfax is an independent city in Virginia and the county seat of Fairfax County, Virginia, United States. As of the 2020 census, the population was 24,146.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
Playbook
Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.
Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.
Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.
Local safety & alerts
No active National Weather Service alerts for Fairfax city right now.
Public-safety links are official .gov sources, not curated by us. Fairfax city routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Fairfax
20 tracked · ranked by median home valueCities like Fairfax
Run the numbers for Fairfax
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Local sports teams
Major professional teams the Washington-Arlington-Alexandria area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Current weather
Find rentals & listings
Open current Fairfax listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- 71-year-old Fairfax man dies after two-vehicle crash in LancasterWRIC ABC 8News · 2d ago
- Fairfax Motorcyclist Killed In Route 29 Crash In Braddock Area, Police SayPatch · 8h ago
- Law Banning Police Face Coverings, Mandating Badges Signed By VA Gov. SpanbergerPatch · 9h ago
- Single-Car Crash Leaves 2 Adults Dead, 2 Children Injured In Fairfax CountyPatch · 2d ago
- Justin Fairfax, ex-lieutenant governor of Virginia, kills wife and himselfThe Guardian · 1mo ago
- Cerina Fairfax: Beloved dentist and devoted mother killed by husband, former Virginia lieutenant governorCNN · 1mo ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Fairfax
Explore other places with comparable momentum or affordability.