20124 — Fairfax County, Virginia Market Snapshot
Housing market data for zip code 20124 in Fairfax County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
41 sales in 2026 (year to date)
Median Sale Price
$1,039,000
Days to Sell
26
Homes Sold
41
Inventory
31
Sale-to-List
102.1%
New Listings
58
Price/SqFt
$318
Pending Sales
44
Conforming Loan Available
The median home in 20124 at $1,039,000 falls within the 2026 conforming loan limit of $1,249,125, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 20124 are moving quickly at 26 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 20124 are selling 2.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 20124 at $1,039,000 falls within the 2026 conforming loan limit of $1,249,125, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 20124 are set at the county level.
2026 Loan Limits — Fairfax County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,249,125 | $1,249,125 |
| 2 Units | $1,599,375 | $1,599,375 |
| 3 Units | $1,933,200 | $1,933,200 |
| 4 Units | $2,402,625 | $2,402,625 |
Affordability Snapshot — Zip 20124
To purchase the median home at $1,039,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $8,110.
Monthly Payment
$8,110
Income Required
$347,592
Principal & Interest
$6,402/mo
Down Payment (5%)
$51,950
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 20124.
Estimated Monthly Payment
$6,580
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