Northern Virginia Housing Market Report (June 2025): Is the Seller's Market Over?

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The Northern Virginia housing market just flipped the script—and if you're considering moving to Northern Virginia or are already a homeowner here, the latest numbers will surprise you. Our NoVA real estate forecast for 2025 shows rising prices, surging inventory, and a noticeable shift in buyer behavior. For anyone asking, 'is it a good time to buy a house in Northern Virginia?', the answer is getting more complex. We’re breaking down what’s happening county by county so you can understand the real cost of living in Northern Virginia and make the most informed move this summer.

Welcome back to the Real Nova Network with Chris Colgan—your trusted local real estate source for market insights, community guides, and investment tips across Northern Virginia. Let’s dive in.

The Big Picture: June 2025 Housing Trends

• Median home price: $575,000 (up 7% YoY)
• Mortgage rates: ~7% (30-year fixed)
• Average days on market: 26 days
• Buyer traffic: Slightly down, but serious buyers remain active
• Fed stance: No rate cuts expected this year

Inventory is rising—but unevenly. Some counties like Prince William are experiencing a boom in new listings, while others like Arlington remain tight but competitive.

(Data derived from Bright MLS for the period ending June 2025.)

Fairfax County: Still the Anchor of NoVA

• Median price: $720,000 ( 5.5% YoY)
• Inventory: 55% YoY

Merrifield, VA real estate trends show continued demand, making it one of the hottest ZIPs along with 22043 (Falls Church). Many buyers are specifically searching for homes for sale in Fairfax County under $700k, so pricing is everything. Buyers today are informed and looking for value in the best neighborhoods in Fairfax County.

View Fairfax homes for sale

Prince William County: The Inventory Surge

• Median price: $530,000 ( 8% YoY)
• Active listings: 722 in May (↑ 20% from April)
• Fastest ZIPs: Bristow, Gainesville, and Woodbridge
• Homes under $600K: Still extremely competitive

More homes are sitting longer—but entry-level single-family homes and townhomes for sale in Woodbridge VA are flying off the market. With the Gainesville VA housing market remaining extremely competitive under $600K, buyers must move quickly. Many are asking, 'is Bristow VA a good place to live?' and the answer is a resounding yes, as demand there remains high.

Browse Prince William listings

️ Loudoun County: Cooling Off, Not Crashing

• Median price: $680,000 ( 2% YoY)
• Inventory: 40% YoY
• Slower zones: Ashburn & Aldie

This Loudoun County real estate market cooling is most evident in the higher price brackets. If you’re searching for luxury homes for sale in Ashburn, VA over $1M, you finally have some negotiating power. The urgency of 2021 is gone, but well-priced homes are still selling.

Explore Loudoun homes

Stafford & Spotsylvania: Affordability with Space

Perfect for families commuting via I-95 who want more land and less price pressure.

• Stafford median price: $475,000 ( 6% YoY)
• Spotsylvania median price: $450,000 ( 5% YoY)

What Does This Market Shift Mean for You?

For Buyers: The recent inventory surge in counties like Prince William is the good news you've been waiting for. You have more choices and slightly more negotiating power, especially on homes that have been on the market for over 30 days. However, with rates around 7%, getting pre-approved is critical to understanding your budget.

See Stafford homes
See Spotsylvania homes

️ Arlington & Alexandria: Urban Luxury Still Reigns

• Arlington median price: $920,000 ( 4% YoY)
• Alexandria median price: $710,000 ( 6% YoY)
• Hot areas: Crystal City, Del Ray, Old Town

With Amazon HQ2 and new developments, this submarket remains strong. Condos are especially hot near Metro.

Search Arlington listings
Search Alexandria listings

What Buyers & Sellers Should Do Right Now

For Buyers:

• Get pre-approved—we can help with that
• Be flexible on zip codes
• Explore seller-paid rate buy-downs and ARMs
• Don’t wait for a “deal” that may never come

For Sellers:

• Stage it. Price it right. Market it aggressively.
• Leverage Metro/walkable proximity in your marketing
• List before August to avoid fall slowdown
• Hire an experienced team that’s seen shifting markets

Let’s Create Your Buying or Selling Strategy

Whether you're downsizing, relocating, or buying your first home—we’ll create a custom game plan that works in today’s market.

• ✅ Weekly or monthly email updates on your home value
• ✅ Zoom consultations or in-home visits
• ✅ Local expertise boots-on-the-ground insights

Get your free home value report
Or email me directly: info@colganteam.com

❓FAQs: June 2025 Housing Market in Northern Virginia

1. Are prices going down in Northern Virginia?

No. Prices are still rising year-over-year, though inventory is up in several counties, providing more balance to the market.

2. Is now a good time to buy in NoVA?

Yes, it can be a good time, especially for homes under $600K where inventory is improving. With more options available, buyers have slightly more leverage than in previous years.

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Email: info@colganteam.com
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— Chris Colgan, Realtor & Founder
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