The story of this market
The typical home in ZIP 20171 sells for about $803,000, or $361 per square foot.
Prices are roughly flat from a year ago (+0.1%), a market in balance. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,083 a month.
ZIP 20171 — Herndon
The housing market in 20171 remains robust, characterized by high median home values and strong demand driven by the area's proximity to major employment hubs. While inventory remains tight, the market shows stability with modest year-over-year price appreciation. Rental demand is high, reflecting the area's appeal to professionals and families.
This ZIP is ideal for families and professionals working in the tech and government sectors who prioritize access to high-quality schools and major employment corridors in Northern Virginia.
Median prices moved up 0.1% year over year.
Homes spend a median of 27 days on market with 1.7 months of supply — a fast-moving market.
20% 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 2.8% · poverty 3.2% — 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 5.8%/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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 20171, Fairfax County VA
The area is served by Fairfax County Public Schools, which are generally highly regarded and consistently rank among the top-performing districts in Virginia.
The area benefits from its proximity to major Northern Virginia employment hubs, including the Dulles Technology Corridor and proximity to Washington D.C., driving steady demand for residential housing.
Property taxes are assessed by Fairfax County based on the fair market value of the property; the county sets the real estate tax rate annually, and there are no state-level property taxes.
Residents benefit from proximity to the Dulles Toll Road and Silver Line Metro stations, providing efficient access to Tysons Corner and downtown Washington D.C.
The area features numerous community parks, local trails, and proximity to major shopping centers like Reston Town Center and Dulles Town Center.
The rental market is characterized by high demand and limited supply, with rents significantly above the national median, reflecting the area's strong economic base.
The economy is anchored by the technology, aerospace, and government contracting sectors, heavily influenced by the proximity to Dulles International Airport and the Dulles Technology Corridor.
The area is served by the Washington Metropolitan Area Transit Authority (WMATA) Silver Line and major arterial roads including the Dulles Toll Road (VA-267).
Ongoing transit-oriented development continues near Silver Line Metro stations, focusing on mixed-use residential and commercial density.
Fairfax County Department of Tax Administration performs annual assessments of all real property at 100% of fair market value.
Parcels are subject to Fairfax County real estate taxes and may fall within specific service districts for fire, rescue, and sanitary sewer services.
Property insurance premiums in Northern Virginia are generally stable, though coverage for wind and storm damage is a standard consideration for homeowners.
Data retrieved from U.S. Census Bureau ACS 5-year estimates for ZCTA 20171.
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. Source: NCES EDGE public school locations 2023-24.
Major regional hub for retail, dining, and entertainment.
Preserves the area's rural heritage with farm animals and educational programs.
Key-figure check: median price diverges 16.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.