The story of this market
The typical home in Herndon, Virginia sells for about $715,000, or $329 per square foot.
Prices are roughly flat from a year ago (+0.7%), a market in balance. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,382 a month.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Herndon, Virginia
The Herndon housing market remains competitive, characterized by low inventory and steady demand driven by its prime location in the Dulles Technology Corridor. While median prices have seen minor fluctuations, the market is supported by strong local employment and transit-oriented development. The town continues to attract families and professionals, maintaining a stable outlook for the remainder of the year.
No ARED county foreclosure postings attributed to Herndon yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 1.9% year over year.
Homes spend a median of 23 days on market with 1.7 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 100.22% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 8.1% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A 45-mile paved trail that runs through the heart of Herndon, providing a major recreational artery for cyclists and pedestrians.
An 18-hole public course that serves as a significant green space and recreational anchor for the town.
The town's historic core features local shops, restaurants, and community gathering spaces that define the local character.
A municipal facility offering indoor pools, fitness classes, and community programs for residents of all ages.
Herndon is ideal for families seeking high-quality schools, professionals commuting to the Dulles Tech Corridor or D.C. via the Silver Line, and investors looking for stable, high-demand rental assets. The town offers a blend of historic charm and modern suburban convenience that appeals to a wide demographic.
The town is served by the Fairfax County Public Schools system, which is consistently ranked among the top-performing districts in the nation. Schools in the Herndon area are characterized by strong academic programs, diverse student populations, and high graduation rates.
The town is served by the Washington Metro Silver Line, providing direct rail access to Tysons Corner and Washington, D.C. Major highway corridors including the Dulles Toll Road and Fairfax County Parkway facilitate regional connectivity.
Herndon offers a robust amenity base including the historic downtown district, the W&OD Trail for cycling and walking, and the Herndon Community Center. Residents have access to numerous parks, golf facilities, and proximity to major shopping centers like Dulles Town Center.
The rental market in Herndon is characterized by high demand driven by its proximity to major employment hubs and transit access. Vacancy rates remain low, and the market features a mix of garden-style apartments, townhomes, and newer luxury developments near the Metro station.
Herndon's economy is anchored by the technology, aerospace, and government contracting sectors within the Dulles Technology Corridor. The town maintains strong momentum due to its strategic location and ongoing transit-oriented development.
Herndon benefits from its proximity to the Dulles Technology Corridor and the expansion of the Silver Line Metro, which has spurred significant transit-oriented development. Major employers in the tech, defense, and professional services sectors continue to drive economic momentum and demand for housing.
Development is heavily focused on the Herndon Metro Station area, which is undergoing a transformation into a high-density, mixed-use hub. The town continues to approve projects that balance residential growth with commercial expansion.
Parcels in Herndon are subject to Fairfax County tax levies and may fall within specific service districts for water, sewer, and fire protection. The town operates its own municipal government which manages local zoning and specific town-level services.
Herndon generally experiences lower crime rates compared to national averages, with public safety efforts focused on community policing and maintaining the town's historic character. Reported crime trends remain stable, reflecting the broader safety profile of the Northern Virginia suburban corridor.
The area faces standard regional risks including potential for localized flooding in low-lying areas near stream valleys and occasional severe weather events. Property insurance markets remain stable, though homeowners are encouraged to maintain standard coverage for wind and water damage.
Property insurance in the region is generally stable, with premiums reflecting standard suburban risk profiles. Homeowners are advised to review coverage for regional weather-related hazards.
The Town of Herndon operates under its own municipal tax structure, which includes a real estate tax rate set annually by the Town Council. Residents also pay property taxes to Fairfax County, which provides the majority of public services including schools and public safety.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS profiles.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.