The story of this market
The typical home in Town of Herndon, Virginia sells for about $715,000, or $329 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,147 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.
Town of Herndon, Virginia
The Herndon housing market remains competitive, characterized by low inventory and steady demand from professionals in the Dulles corridor. While price growth has moderated compared to previous years, the town's strong economic fundamentals and transit connectivity continue to support property values. Recent municipal tax and utility rate adjustments reflect a proactive approach to managing infrastructure costs in a growing community.
No ARED county foreclosure postings attributed to Town of 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.
Median prices moved down 1.2% year over year.
Homes spend a median of 26 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · 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 premier regional trail that runs through the heart of Herndon, providing extensive opportunities for outdoor exercise and commuting.
The town's historic center features local boutiques, restaurants, and the popular Herndon Farmers Market, serving as a key community gathering space.
A comprehensive facility offering indoor pools, fitness classes, and sports courts, supporting the active lifestyle of local residents.
Herndon is an ideal fit for families and professionals working in the Dulles Tech Corridor who value suburban amenities with urban-like transit access. It appeals to those seeking a balance between historic charm and modern convenience, offering a stable environment for long-term homeowners and commuters alike.
The town is served by the Fairfax County Public Schools system, which is widely recognized for high academic standards and robust extracurricular offerings. Schools in the area consistently perform well on state assessments and are a primary driver of local residential demand.
The town is well-connected via the Dulles Toll Road and the Silver Line Metro, providing efficient access to Tysons Corner and Washington D.C. The local road network is designed to support heavy commuter traffic to nearby employment centers.
Herndon offers a rich amenity base including the W&OD Trail for cycling and walking, numerous community parks, and the Herndon Community Center. The historic downtown area provides a unique mix of local dining, shopping, and cultural events that serve as a social anchor for residents.
The rental market in Herndon is characterized by high demand driven by its proximity to major tech employers and transit corridors. Vacancy pressure remains low, and the presence of both garden-style apartments and townhome rentals provides a diverse range of options for the local workforce.
Herndon's economy is anchored by the technology, defense, and aerospace sectors, benefiting from its location in the Dulles Technology Corridor. Major employers like Serco and Northwest Federal Credit Union contribute to a stable and highly skilled local job market.
Herndon benefits from its proximity to major employment hubs like Dulles International Airport and the Dulles Technology Corridor. Ongoing infrastructure projects, including transit-oriented development near the Silver Line Metro, continue to drive economic momentum and residential interest.
Development is heavily focused on transit-oriented projects near the Silver Line, aiming to increase residential density and commercial space. These projects are designed to modernize the town's infrastructure while preserving its historic character.
Parcels in Herndon are subject to both Town of Herndon and Fairfax County tax jurisdictions, with additional service districts for water and sewer management. These districts ensure the maintenance of municipal infrastructure and utility services.
Herndon generally maintains a safe environment consistent with suburban Northern Virginia, though specific crime trends are monitored by the local police department. Regional comparisons typically place the town within the safer spectrum of the Washington D.C. metro area.
The area faces standard regional risks including potential for localized flooding during heavy precipitation events and typical wind-related storm damage. Property insurance markets remain stable, though homeowners are encouraged to maintain appropriate coverage for regional climate hazards.
Property insurance in Herndon is generally stable, reflecting the low-risk profile of the suburban Northern Virginia market. Premiums are influenced by regional weather patterns and the age of the housing stock.
The Town of Herndon maintains its own real estate tax rate, which is levied in addition to Fairfax County taxes. The town rate is historically low, recently adjusted to 27 cents per $100 of assessed value, reflecting a stable fiscal policy focused on municipal service recovery.
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 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau 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.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.