Published November 1, 2026 in Market Update

Fairfax has more listings, but demand is still holding up

By Elizabeth Sachero-Perez

Real estate, Fairfax

If you own a home in Fairfax, here is the one thing worth knowing right now. More listings are coming to market, but buyers are still closing deals. That combination gives you more to think about before you price, not less.

Across ZIP codes 22030, 22031, 22032, 22033, 22039, and 22015, the Real Estate Data Aggregator counted 732 new listings in the three months ending August 31, 2026. That is up 8% from the same months of 2025. Homes for sale across those same ZIPs rose 5.2%, to 367 total. Nationally, Realtor.com reported active listings topped 1.16 million in September 2026. More supply is a real pattern, not a local blip.

Here is the part that keeps this from being a slow-market story. The Real Estate Data Aggregator counted 688 homes sold across Fairfax in that same period. That is up 1.9% from 2025. Pending sales came in at 621, up 0.2%. Buyers slowed a little, but they did not stop.

Every ZIP tells a different story

The overall numbers are calm. But look one ZIP at a time and you see real differences. That matters if you are deciding when and how to list.

Where demand is tightest

Fairfax Station (22039) and Burke (22015) stand out. The Real Estate Data Aggregator put months of supply at 0.7 in 22039 and 0.9 in 22015. Those are very low numbers. In 22039, 62.2% of homes went under contract within two weeks of listing. In 22015, that share was 64.5%, up 5.1 points from 2025.

In 22039, the Real Estate Data Aggregator counted 66 homes sold, up 29.4% from 2025. The median sale price there was $1,250,000, up 2.5%. Sellers averaged 101.8% of list price. Supply fell 31.8% year over year. That is a ZIP where well-prepared homes are still finding buyers quickly.

Where the market softened a little

ZIP 22031 shows a different picture. The Real Estate Data Aggregator counted 89 homes sold there, down 12.7% from 2025. The median sale price was $738,675, down 12.1%. Homes for sale rose 22.7%. Months of supply climbed to 2.8, up 0.8 months from last year. That is still not a slow market by most measures, but it is a ZIP where pricing carefully matters more than it did a year ago.

ZIP 22030 saw a similar dip. The Real Estate Data Aggregator put the median sale price at $750,000, down 8.5% from 2025. Homes sold fell 8.1%, to 148. The share of homes selling above list dropped 7.5 points, to 45.3%. On the other side: homes went under contract in a median 29 days, 4 days faster than a year before. Buyers are still moving.

One ZIP that is doing well on both sides

ZIP 22032 had the highest median sale price among the Fairfax city ZIPs. The Real Estate Data Aggregator put it at $885,000, up 2.1% from 2025. Homes sold rose 11.7%, to 105. The sale-to-list ratio came in at 101%, up 0.7 points. Months of supply fell to 1.3, down 0.6 months. That said, homes took a median 36 days to sell, 7 days longer than last year. Priced right, this ZIP is moving. Priced too high, it shows.

What the national picture adds

The broader context helps explain why buyers are being careful. Realtor.com reported that mortgage rates climbed above 7% for the first time since January 2025. Realtor.com also noted that 20.8% of listings nationally took a price cut in September 2026, the highest share since October 2022. The National Association of Realtors reported that existing-home sales reached 3.99 million units in September 2026, up 1.5% from the month before. Nationally, inventory rose to 1.60 million homes. Sales are happening. Buyers just have more to choose from, and they know it.

The Federal Housing Finance Agency reported that U.S. house prices rose 2.4% from August 2025 to August 2026, and 0.3% from July to August on a seasonally adjusted basis. Prices are not falling nationally. But the pace of gains has slowed, and Fairfax reflects that same pattern in some of its ZIPs.

What this means if you are thinking about selling

More listings mean buyers have options. When they have options, they compare. A home that is well prepared and priced to match what actually sold nearby still moves. A home priced above that line sits longer, and the data in 22031 and 22030 show exactly what that looks like.

In ZIP 22033, the Real Estate Data Aggregator counted 119 homes sold, with a median sale price of $729,000, up 5.7%. New listings rose 14.4%, yet 55.8% of homes still went under contract within two weeks. Demand held. Preparation and pricing were the difference.