The story of this market
The typical home in McLean (CDP), Virginia sells for about $1,950,000, or $565 per square foot.
Prices are up +18.9% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $3,422 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.
McLean (CDP), Virginia
The McLean housing market remains highly competitive, characterized by significant year-over-year price appreciation and a limited supply of inventory. High demand from affluent professionals and the area's reputation for top-tier schools continue to drive property values upward. While the market is fast-moving, the high barrier to entry ensures that demand remains concentrated among well-qualified buyers.
No ARED county foreclosure postings attributed to McLean (CDP) 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 1 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 18.9% year over year.
Homes spend a median of 39 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 2.8% — 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 major natural attraction featuring dramatic waterfalls and extensive hiking trails along the Potomac River, serving as a primary recreational anchor for the region.
One of the largest shopping and dining destinations in the D.C. metro area, providing residents with immediate access to luxury retail and diverse culinary options.
McLean is primarily suited for high-income professionals, corporate executives, and families seeking top-tier school districts and proximity to the Washington, D.C. employment core. It is less suited for budget-conscious renters or first-time buyers, as the market is dominated by luxury single-family homes and high-end condominiums.
McLean is served by the highly-regarded Fairfax County Public Schools system, which is consistently ranked among the top districts in the nation. Schools in the area are characterized by high academic achievement, robust extracurricular offerings, and strong community support.
McLean is served by major highway corridors including the Capital Beltway (I-495) and the George Washington Memorial Parkway, providing critical access to Washington, D.C. and Northern Virginia. Public transit is facilitated by the Washington Metro Silver Line, which connects the area to the regional rail network.
McLean offers an extensive amenity base including the expansive Great Falls Park, numerous local community parks, and proximity to the Potomac River's recreational trails. Residents also enjoy high-end shopping and dining districts in nearby Tysons, providing a blend of natural beauty and urban convenience.
The rental market in McLean is characterized by high demand for luxury apartments and single-family home rentals, driven by the area's proximity to major corporate headquarters and government offices. Vacancy pressure remains low due to limited supply of new rental inventory, and rent trajectories have trended upward in line with the broader Northern Virginia luxury market.
McLean's economy is deeply integrated with the broader Northern Virginia professional services, government contracting, and corporate headquarters sector. The area serves as a residential base for high-level executives and professionals working in the D.C. metro area, with significant economic momentum tied to the growth of the Tysons business district.
McLean benefits from its proximity to Tysons, a major regional employment and commercial hub, driving consistent demand for high-end residential real estate. Infrastructure investment remains focused on maintaining connectivity to the D.C. metro core and supporting the ongoing densification of the adjacent Tysons urban center.
Development activity is largely concentrated on the redevelopment of aging commercial and residential sites into higher-density, mixed-use projects. Current planning efforts focus on balancing the preservation of McLean's suburban character with the urban growth pressures emanating from the Tysons corridor.
Parcels in McLean are subject to Fairfax County's general tax and service districts, including school, fire, and police services. There are no independent municipal districts or special utility districts that operate outside of the county's administrative framework.
McLean is generally considered a very safe community with low crime rates compared to regional and national averages. Reported crime trends remain stable, reflecting its status as an affluent, low-density residential enclave within Fairfax County.
The area faces standard regional risks including occasional severe thunderstorms and wind events, with localized flood risks in low-lying areas near the Potomac River. Insurance posture is stable, though homeowners should maintain standard coverage for regional weather-related hazards.
The property insurance market in McLean is stable, with premiums reflecting the area's low-risk profile for major natural disasters. Homeowners generally have access to a wide range of carriers, though costs are influenced by the high replacement values of the local housing stock.
Property taxes in McLean are administered by Fairfax County, which utilizes a uniform real estate tax rate applied to the assessed value of all taxable property. The county does not impose separate city-level property taxes, as McLean is a Census-Designated Place rather than an incorporated municipality.
Data retrieved from data.census.gov; figures represent the McLean CDP geography.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.