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Great Falls, VA

Full City Profile · Virginia · Montgomery County County

3.7 /5.0
B+ Good
14,854 Population 586/sq mi density
$250,001 Median Income $134,358 per capita
$1,342,400 Home Value $1,658,249 Zillow
$3,463 Median Rent 19.1% income on rent
56°F Avg Temperature 293 sunny days/yr
194 Violent Crime/100K 1,262 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 2.3% unemployment
B+
Affordability
3.6 / 5.0
$1,342,400 home value, $3,463/mo rent
F
Safety
1.0 / 5.0
194 violent crimes/100K
A+
Education
5.0 / 5.0
85.7% bachelor's degree or higher

Housing Overview

Median Home Value
$1,342,400
376% above
US avg: $281,900
Median Rent
$3,463/mo
198% above
US avg: $1,163/mo
Homeownership Rate
95.4%
46% above US avg (65.4%)
Total Housing Units
5,164
Median year built: 1984

Home Value by Source

Census Median
$1,342,400
Zillow (ZHVI)
$1,658,249
Median Sale Price
$1,480,000
Median List Price
$1,999,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.4%
Owner-Occupied
4.6%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $3,463/mo

Market Indicators (Redfin)

Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$357
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
95.4%

Complete Housing Data

Home Values

Census Median Value$1,342,400
Zillow Home Value (ZHVI)$1,658,249
Median Sale Price$1,480,000
Median List Price$1,999,999
Price Per Sq Ft$357

Rent

Census Median Rent$3,463
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market107
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold11
Active Inventory32
Price Per Sq Ft$357

Ownership & Stock

Owner-Occupied95.4%
Renter-Occupied4.6%
Homeownership Rate95.4%
Total Housing Units5,164
Median Year Built1984
Rent Burden19.1%