Brokers — List your Company Here
Featured local agent — Great Falls, VA
Sarah Mitchell
Compass Real Estate · Great Falls, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Great Falls, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.73Mmedian sale price
How is the Great Falls, VA housing market right now?
The median home sale price in Great Falls, VA is $1.73M, up 15.8% year-over-year. Homes sell in an average of 42 days with 66 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Great Falls a buyer's or seller's market?
Great Falls, VA is currently a leaning buyer's, based on 5.1 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
42
Average pace
Active listings
66
5.1 months supply
Sale-to-list
97.4%
Below asking
What does the Great Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.73M |
| Median list price | $2.23M |
| Year-over-year price change | +15.8% |
| Average days on market | 42 days |
| Active inventory | 66 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $370/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 33 |
| Listings with a price cut | 34.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Great Falls by property type?
How the Great Falls, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.73M | $370/sq ft | 13 | 42 days |
Source: Redfin · Updated monthly
The Great Falls housing market is currently classified as a leaning buyer's with a median sale price of $1.73M. Prices have risen 15.8% compared to last year, with homes spending an average of 42 days on market, indicating 5.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Great Falls
There are currently 66 homes listed for sale in Great Falls, Virginia. The median listing price is $2.2M.
Active listings
66
Homes on market
Median list price
$2.2M
Avg. days on market
42
Days until sale
New this week
33
Newly listed
Who lives in Great Falls?
Population
14,854
Median income
$250,001/yr
Median age
46.8 years
Owner-occupied
95.4%
College grads
85.7%
Avg commute
33 min
Source: U.S. Census Bureau ACS
What are homes worth in Great Falls?
Zillow home value
$1.73M
Zillow rent index
$5,167/mo
Price-to-rent ratio
27.9x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Great Falls?
Great Falls is a community of approximately 15K residents with a median age of 46.8 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 85.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 95.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 33 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Great Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Great Falls?
2 schools tracked · 1,097 students
The largest public schools serving Great Falls, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Forestville Elementary
Grades PK-6 · 580 students
Great Falls Elementary
Grades PK-6 · 517 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Great Falls, VA?
Want a head-to-head view? Compare Great Falls side-by-side with any other U.S. city using our market-comparison tool.
Is Great Falls a good real estate investment market?
For investors evaluating Great Falls, the price-to-rent ratio of 27.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Great Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Great Falls's median home price.
Frequently asked questions
What is the average home price in Great Falls?
The median home sale price in Great Falls is $1.73M, up 15.8% from last year.
How long do homes stay on market in Great Falls?
Homes typically spend 42 days on market before going under contract.
What is the median income in Great Falls?
The median household income is $250,001 per year.
Is Great Falls a buyer's or seller's market?
With 5.1 months of supply, Great Falls is currently a leaning buyer's.
What is the Zillow home value estimate for Great Falls?
The Zillow Home Value Index (ZHVI) for Great Falls is $1.73M, representing the typical home value in the area.
How much does a single-family home cost in Great Falls?
The median single-family home price in Great Falls, VA is $1.73M (about $370 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Great Falls, VA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Great Falls market alerts
Weekly updates on prices, inventory, and trends. Free forever.