Merrifield, VA

Full City Profile · Virginia · Fairfax County County

4.6 /5.0
A+ Excellent
20,549 Population 7,611/sq mi density
$136,173 Median Income $74,432 per capita
$637,600 Home Value $1,207,899 Zillow
$2,308 Median Rent 24.6% income on rent
54°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.9 / 5.0
$136,173 median income, 2.2% unemployment
A
Affordability
4.0 / 5.0
$637,600 home value, $2,308/mo rent
A+
Education
5.0 / 5.0
76.0% bachelor's degree or higher

Housing Overview

Median Home Value
$637,600
126% above
US avg: $281,900
Median Rent
$2,308/mo
98% above
US avg: $1,163/mo
Homeownership Rate
36.2%
45% below US avg (65.4%)
Total Housing Units
9,716
Median year built: 2001

Home Value by Source

Census Median
$637,600
Zillow (ZHVI)
$1,207,899
Redfin Median Sale
$638,000
Median Sale Price
$638,000
Median List Price
$635,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

36.2%
Owner-Occupied
63.8%
Renter-Occupied
36%
64%
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: $2,308/mo

Market Indicators (Redfin)

Median Sale Price
$638,000
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$417
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
36.2%

Complete Housing Data

Home Values

Census Median Value$637,600
Zillow Home Value (ZHVI)$1,207,899
Redfin Median Sale$638,000
Median Sale Price$638,000
Median List Price$635,000
Price Per Sq Ft$417

Rent

Census Median Rent$2,308
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 Market39
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold13
Active Inventory27
Price Per Sq Ft$417

Ownership & Stock

Owner-Occupied36.2%
Renter-Occupied63.8%
Homeownership Rate36.2%
Total Housing Units9,716
Median Year Built2001
Rent Burden24.6%