The housing market in Northern Virginia continues to see a rise in inventory. And homes are staying on the market longer than this time last year. That’s according to data from the Northern Virginia Association of Realtors (NVAR).
High Inventory
The monthly market analysis from October showed that housing inventory in the region was at 2,562. This represents a 42.2 percent year-over-year increase. And homes aren’t selling as fast, with an average of 27 days on the market. That’s a 42.1 percent increase from last year.
Despite that dramatic spike in inventory, the number of homes sold saw only a 7 percent increase, with 1,427 homes sold in October 2025. Home prices also saw a modest increase, with a 4.9 percent year-over-year change for a median price of $750,000.
NVAR said that these changes showed “growing balance between supply and demand.”
“The growth we’re seeing in both sales and dollar volume is a sign of steady confidence in Northern Virginia real estate,” said NVAR CEO Ryan McLaughlin. “Even as buyers adjust to mortgage rates hovering around 6 percent, the fundamentals of our market — strong employment, desirable communities, and economic diversity — remain incredibly solid.”
Limited Shutdown Impact
NVAR also said that, while the government shutdown presented some economic uncertainty in the region, “its immediate impact on housing has been limited.”
“While we’re monitoring how the shutdown may affect buyer confidence and transaction timelines, Northern Virginia’s housing market remains steady,” McLaughlin said. “Northern Virginia’s strong base of public- and private-sector employers can help mitigate some of the short-term effects that often accompany a federal shutdown.”
More regionally, Arlington saw a 19 percent increase in its average home cost, bringing it to $958,193. Fairfax County saw more modest price growth, with a 4.8 percent rise to hit $897,994 on average.
Feature image, stock.adobe.com
