The story of this market
The typical home in ZIP 22041 sells for about $485,000, or $385 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,950 a month.
ZIP 22041 — Falls Church
The 22041 housing market remains stable, characterized by steady demand driven by its central location and relative affordability within the D.C. metro area. While inventory remains tight, the market is seeing moderate price appreciation and consistent sales activity. Figures for specific metrics like months of supply and exact year-over-year price changes are based on current market trends for the ZIP code.
This ZIP is ideal for commuters and young professionals seeking proximity to D.C.-area employment centers without the premium price tags of Arlington or Alexandria, as well as investors targeting high-demand rental properties.
Median prices moved up 2.4% year over year.
Homes spend a median of 22 days on market with 2.8 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 18.5% — 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 4.5%/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 4.7%/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 22041, Fairfax County VA
Crime rates in the Bailey's Crossroads area are generally consistent with inner-suburban Fairfax County trends, though property crime remains a primary focus for local law enforcement compared to more affluent, lower-density parts of the county.
Schools serving the 22041 ZIP code are part of the Fairfax County Public Schools system, which is highly regarded nationally, though individual school performance varies significantly based on local demographic and socioeconomic factors.
The area is primarily urbanized with standard flood risks associated with local stream valleys; it is not a high-risk zone for wildfires, though standard regional insurance policies apply for wind and storm damage.
The area benefits from its proximity to major employment hubs in Arlington and Tysons Corner, with ongoing redevelopment efforts focused on modernizing older commercial corridors and increasing residential density.
Property taxes are assessed by Fairfax County based on fair market value; the county utilizes a uniform tax rate structure with specific levies for schools and general services, and no additional municipal-level property tax applies as it is an unincorporated area.
Residents benefit from excellent access to the Columbia Pike and Leesburg Pike corridors, providing direct transit and driving routes to Pentagon City, Arlington, and Washington D.C.
The area features access to local parks such as Bailey's Crossroads Community Park and is within a short drive of the extensive trail systems and recreational facilities managed by the Fairfax County Park Authority.
The rental market is highly active with significant demand for multi-family units; vacancy rates remain low due to the area's central location and relative affordability compared to inner-ring Arlington neighborhoods.
The economy is anchored by the broader Northern Virginia professional services, government contracting, and retail sectors, with significant employment concentration in nearby Tysons and Arlington.
The area is served by extensive bus networks connecting to the Metrorail system, with major highway access via I-395 and Route 7.
Development is focused on transit-oriented infill projects and the modernization of aging commercial strip centers into mixed-use residential hubs.
Fairfax County Department of Tax Administration performs annual assessments based on market sales data to determine property tax liabilities.
Parcels are subject to Fairfax County general tax levies and the Fairfax County Public Schools district tax.
Property insurance premiums are stable but reflect regional risks associated with severe weather events common to the Mid-Atlantic.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Provides local green space and recreational fields for residents.
Major regional retail hub serving the immediate area with diverse dining and shopping options.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).