Why Smart Money is Moving to Fairfax County, VA: An Insider's Look

Posted by Chris Colgan on Saturday, June 28th, 2025  12:00pm.


Why Smart Money is Moving to Fairfax County, VA: An Insider's Look header image.

Fairfax County's Economic Paradox

Fairfax County, VA, is an economic titan, boasting more Fortune 500 headquarters than 30 states and home to the #1 public high school in America. Yet, despite its powerhouse status, some areas are seeing residents leave.

Why it matters: This shift reveals a crucial story about modern suburban life. While some seek less congestion elsewhere, a wave of high-income professionals, families, and investors is flocking to specific Fairfax communities, drawn by an unmatched combination of career opportunities, elite schools, and exclusive amenities. This is where the smart money is moving.

The exterior of a modern two-story new construction home with a white facade, black trim, a second-floor balcony, and a glass-paneled garage door.

Go Deeper: The Economic Engine & Lifestyle

Fairfax's economy is a fortress, anchored by government proximity and a booming private sector. This creates a unique lifestyle where high-powered careers meet destination-worthy leisure.

  • Corporate Giants & Tech Hub: Home to Hilton Worldwide, Northrop Grumman, and over 8,700 tech firms, the county is a magnet for top talent.
  • Exclusive Hangouts: The culture of success includes hidden gems. My personal favorite is the Naisho Room, a secret, invite-only speakeasy in the Capital One building—an incredible spot.
  • Celebrity Endorsed: The lifestyle here draws notable figures. When I interviewed former NFL star Santana Moss on the Real Nova Network, he said his favorite thing to do in Fairfax is get gelato at the Mosaic District.
  • High-Income Workforce: The high average salary fuels a resilient housing market and a taste for quality. Many residents hold security clearances for specialized, high-paying jobs.

By the Numbers: Fairfax at a Glance

A stylish, dimly lit corner booth in a Japanese restaurant in Washington, D.C., featuring red velvet seating and a large mural inspired by 'The Great Wave off Kanagawa'.

Zoom In: The Real Estate Market

The market is one of the nation's most competitive, with the May 2025 average price hitting $880,000.

  • First-Time Buyers: Areas like Springfield, Centreville, and Burke offer a strong entry point with renovated homes and townhouses.
  • Luxury Living: Great Falls and McLean feature world-class estates ranging from $2 million to over $30 million.
  • Walkable Hubs: The Mosaic District and Reston Town Center offer a vibrant, urban-suburban lifestyle with modern condos, boutiques, and a dynamic food scene.

An orange Lamborghini Huracan parked in the circular driveway of a large, modern luxury home with a white brick and stone exterior in Great Falls, Virginia.

What's Next: The Future is in Reston & Tysons

Fairfax is aggressively building its future, and all eyes are on a few key areas.

  • Reston's Rise: I am incredibly excited about what's happening in Reston. The new Metro Silver Line has already been a game-changer, and with the brand-new JW Marriott Hotel and Condos adding a new level of luxury, I believe the real estate values there are going to pop.
  • Urbanization of Tysons: Office parks are being converted into a 24/7 urban center with high-rise residential towers, a new street grid, and walkable green spaces.
  • Tech-Focused Future: Continued investment in data centers and the ripple effect from Amazon's HQ2 will keep the job market scorching hot.

The bottom line: Fairfax County is ideal for career-focused professionals and families prioritizing elite education. With targeted, high-value growth in areas like Reston and an unmatched collection of amenities, it remains one of the strongest long-term real estate investments in the country.

Thinking of making a move?
View homes for sale in Fairfax County, VA
DM me @chriscolganteam on Instagram or reach out at info@colganteam.com — whether you're buying, selling, or just curious about the area, I’m here to help.
Want the latest on Fairfax County and Northern Virginia real estate? Subscribe to my free newsletter for weekly updates, local news, and expert insights.

Categories

Northern Virginia Living, Area guides
facebook sharing button
twitter sharing button
pinterest sharing button
email sharing button