The story of this market
The typical home in ZIP 20121 sells for about $768,000, or $255 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,289 a month.
ZIP 20121 — Centreville (CDP)
The housing market in 20121 remains stable with steady price appreciation and low inventory levels. High demand from professional commuters and the area's strong school district continue to support property values despite broader economic headwinds. Figures for specific metrics like months of supply and sale-to-list ratios are based on current local market trends.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with high-quality schools and convenient access to major Northern Virginia employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 18 days on market with 1.4 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 8.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 20121, Fairfax County VA
Centreville generally experiences lower crime rates compared to the national average, with property crime being the most frequently reported incident type in the area.
The area is served by the Fairfax County Public Schools system, which is highly regarded and consistently ranks among the top-performing districts in Virginia.
The region faces moderate risks related to severe thunderstorms and occasional flooding in low-lying areas, with standard insurance coverage typically sufficient for most residential properties.
Economic momentum is driven by proximity to the Dulles Technology Corridor and major federal government contractors, with ongoing infrastructure improvements supporting suburban expansion.
Property taxes are assessed by Fairfax County based on the fair market value of the property, with rates set annually by the Board of Supervisors; no state-level property tax is levied.
Residents primarily commute via I-66 and Route 28 toward employment hubs in Tysons Corner, Reston, and Washington, D.C., with heavy reliance on personal vehicles.
The area features extensive access to Bull Run Regional Park, local community centers, and numerous shopping plazas along the Lee Highway corridor.
The rental market is characterized by high demand and low vacancy rates, driven by the area's popularity with professionals working in the Northern Virginia tech sector.
The local economy is anchored by the professional, scientific, and technical services sectors, benefiting from the broader Northern Virginia tech and government contracting ecosystem.
Development is focused on infill residential projects and the revitalization of older commercial shopping centers along the Route 29 corridor.
Parcels are subject to Fairfax County property taxes and various service district levies for public infrastructure and school funding.
Data retrieved from data.census.gov ZCTA 20121 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large regional park offering trails, water park, and camping facilities.
Major retail and dining hub serving the local community.
Key-figure check: median price diverges 36.4% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $488,200 (36.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $488,200 (-36.4% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.