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Springfield, VA
Full City Profile · Virginia · Fairfax County County
3.5
/5.0
B+
Good
30,894
Population
3,936/sq mi density
$123,691
Median Income
$51,520 per capita
$622,200
Home Value
$701,486 Zillow
$2,643
Median Rent
40.4% income on rent
59°F
Avg Temperature
293 sunny days/yr
130
Violent Crime/100K
1,595 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$123,691 median income, 3.9% unemployment
B+
Affordability
3.8 / 5.0
$622,200 home value, $2,643/mo rent
F
Safety
1.0 / 5.0
130 violent crimes/100K
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher
Housing Overview
Median Home Value
$622,200
121% above
US avg: $281,900
Median Rent
$2,643/mo
127% above
US avg: $1,163/mo
Homeownership Rate
66.6%
2% above US avg (65.4%)
Total Housing Units
10,921
Median year built: 1973
Home Value by Source
Census Median
$622,200
Zillow (ZHVI)
$701,486
Median Sale Price
$650,000
Median List Price
$722,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.6%
Owner-Occupied
33.4%
Renter-Occupied
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:
$2,643/mo
· Zillow rent:
$2,854/mo
Market Indicators (Redfin)
Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$322
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
40.4%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
66.6%
Complete Housing Data
Home Values
| Census Median Value | $622,200 |
| Zillow Home Value (ZHVI) | $701,486 |
| Median Sale Price | $650,000 |
| Median List Price | $722,500 |
| Price Per Sq Ft | $322 |
Rent
| Census Median Rent | $2,643 |
| Zillow Rent (ZORI) | $2,854 |
| 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 Market | 33 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 13 |
| Active Inventory | 18 |
| Price Per Sq Ft | $322 |
Ownership & Stock
| Owner-Occupied | 66.6% |
| Renter-Occupied | 33.4% |
| Homeownership Rate | 66.6% |
| Total Housing Units | 10,921 |
| Median Year Built | 1973 |
| Rent Burden | 40.4% |