Highest Home Value in Virginia

Top 100 cities ranked by highest home value

Highest Home Value - Virginia

1 Great Falls $1,342,400
2 McLean $1,304,900
3 Wolf Trap $1,153,200
4 Difficult Run $1,052,600
5 Falls Church $1,005,400
6 Vienna $961,100
7 Mantua $947,700
8 South Run $940,900
9 Dunn Loring $935,000
10 Pimmit Hills $925,300
11 Crosspointe $921,400
12 Braddock $915,900
13 Fort Hunt $890,400
15 Arlington $864,800
16 Fairfax Station $863,400
17 Broadlands $859,400
18 Lake Barcroft $848,200
19 Floris $843,600
20 Brambleton $833,000
21 Wakefield $826,100
22 Franklin Farm $810,600
23 Belmont $807,100
24 Moorefield $802,700
25 Woodburn $793,200
26 Long Branch $788,900
27 Mount Vernon $779,800
28 Lowes Island $777,700
29 Oakton $776,700
31 Lansdowne $753,600
32 Dranesville $713,100
33 Idylwood $708,400
34 Alexandria $696,800
35 Burke $696,800
36 South Riding $689,400
37 George Mason $687,800
38 Kings Park West $679,700
39 Fairfax $677,400
40 Wyndham $673,200
41 Stone Ridge $666,300
42 Gainesville $660,800
43 Ashburn $659,000
44 West Falls Church $658,700
46 Annandale $650,100
47 New Baltimore $646,500
48 Independent Hill $646,000
49 Tysons $640,500
50 Merrifield $637,600
51 Chantilly $633,900
52 Lincolnia $632,200
53 North Springfield $630,300
54 Greenbriar $627,600
55 Laurel Hill $625,900
56 Springfield $622,200
57 Leesburg $617,700
58 Cascades $617,100
59 Reston $616,000
60 Burke Centre $615,400
61 Kingstowne $613,300
62 West Springfield $612,200
63 Buckhall $598,700
64 Linton Hall $594,200
65 Purcellville $594,000
66 Newington Forest $586,400
67 Lorton $583,900
68 Fair Oaks $580,500
69 Fair Lakes $575,500
70 Groveton $568,900
71 Herndon $568,700
72 Countryside $567,600
73 McNair $566,900
74 Centreville $565,900
75 Stafford Courthouse $564,800
76 Montclair $561,700
77 Dulles Town Center $561,400
78 Newington $560,900
79 Franconia $557,800
80 Potomac Mills $553,200
81 Sugarland Run $552,700
82 Short Pump $543,000
83 Huntington $536,200
84 Crozet $526,100
85 Hybla Valley $523,000
86 Triangle $520,400
87 Leesylvania $508,800
88 Sterling $508,400
89 Hutchison $476,400
90 Cherry Hill $470,400
91 Fredericksburg $461,500
92 Massanetta Springs $454,900
93 Lake Ridge $452,800
94 Charlottesville $448,400
95 Innsbrook $445,600
96 Aquia Harbour $444,700
97 Tuckahoe $442,200
98 Manassas $434,700
99 Yorkshire $424,100
100 Warrenton $423,500

The most expensive housing markets in Virginia reflect areas of high demand, limited supply, and strong local economies. Great Falls leads with a median home value of $1,342,400. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Great Falls costs $1,342,400 - 3.8x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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