Annandale, Virginia Housing Market Prices
Annandale Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 144% above the Virginia median$625,005
-
Median rent 23% above the Virginia median$1,937
Housing Market Overview
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,005 | $256,082 | $248,835 |
| Price Trend (Annual %) | 4.4% | 3.5% | 7.5% |
| Median Gross Rent | $1,937 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Annandale is about 144% higher than in Virginia. Rent is about 23% higher than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Annandale, up about 4.4% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Annandale rose about 25.8% between 2015 and 2024, from $1,539 to $1,937. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 5.3 yearly household incomes in Annandale.
Buying the median-priced home in Annandale costs roughly 26.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Annandale. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $625,005 | $256,082 | $248,835 |
| Median Household Income | $117,457 | $93,527 | $80,455 |
| Price-to-Income Ratio | 5.3 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Annandale rose about 64.5%, while median household income rose about 52.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.9% | 61.5% | 58.5% |
| Rental Rate | 33.1% | 29.8% | 31.2% |
| Vacancy Rate | 4.0% | 8.7% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Annandale has a homeownership rate of 62.9%, higher than the Virginia average of 61.5%. Its housing vacancy rate is 4.0%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.97 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1969 | 1982 | 1978 |
| Median Number of Rooms | 6.3 | 6.0 | 5.5 |
The typical housing unit in Annandale was built around 1969. On average, 3.0 people live in a home with about 6.3 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Annandale, Virginia.
What is the median home price in Annandale, Virginia?
The median home price in Annandale, Virginia is $625,005, higher than the Virginia average of $256,082.
What is the average home price in Annandale, Virginia?
The typical home price in Annandale, Virginia, reported as the median sale price, is $625,005. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Annandale, Virginia?
The median gross rent in Annandale, Virginia is $1,937 per month, higher than the Virginia average of $1,579.
What was the median gross rent in Annandale in 2020?
In 2020, the median gross rent in Annandale, Virginia was $1,683 per month.
What is the price-to-rent ratio in Annandale, Virginia?
The price-to-rent ratio in Annandale, Virginia is about 26.9, meaning it would take roughly 26.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Annandale.
Are home prices or rent rising faster in Annandale, Virginia?
Both home prices and rent are rising in Annandale, up about 4.4% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Annandale, Virginia?
62.9% of households in Annandale, Virginia own their home, higher than the Virginia average of 61.5%.
What is the vacancy rate in Annandale, Virginia?
The housing vacancy rate in Annandale, Virginia is 4.0%, lower than the Virginia average of 8.7%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →