Northern Virginia Housing Market Update: September 2026
Daniel ParkNo. 189
Updated
Key takeaways
- The NVAR region’s median sold price was $744,950 in September 2026, up 4.2% from a year earlier.
- Closed sales fell 7.5% while active listings jumped 30.7%.
- Months of supply rose to 2.5, still a seller-leaning market but less tight than last year.
- Loudoun County’s median was $758,500, with listings up 34.1%.
Northern Virginia is shifting. More homes are coming on the market, buyers are more selective, and prices are still climbing, just more gently. Here are the numbers from the Northern Virginia Association of REALTORS®.
The NVAR region at a glance
The NVAR region includes Fairfax and Arlington counties; the cities of Alexandria, Fairfax and Falls Church; and the towns of Vienna, Herndon and Clifton.
| September 2026 | NVAR region | Loudoun County |
|---|---|---|
| Median sold price | $744,950 (+4.2%) | $758,500 (+0.8%) |
| Closed sales | 1,250 (−7.5%) | 338 (−17.8%) |
| Active listings | 3,477 (+30.7%) | 1,031 (+34.1%) |
| Average days on market | 28 (unchanged) | 31 (+6.9%) |
| Months of supply | 2.5 | 2.41 |
What’s driving the shift
Mortgage rates above 7% have cooled demand, while more owners are listing. Northern Virginia’s strong job base keeps prices supported, so the market is rebalancing rather than falling.
What it means for buyers
- More homes to compare, especially in the $600,000 to $1 million range.
- More room to negotiate on price, repairs or a rate buydown.
- Well-priced, move-in-ready homes still sell quickly, so be ready to act.
What it means for sellers
- Pricing accurately from day one matters more than last year.
- Presentation, staging and condition stand out when buyers have options.
- Consider credits that help buyers with rates or closing costs.
Daniel’s tip: Averages can hide big differences between neighborhoods. A condo near Metro and a single-family home in western Loudoun can be in completely different markets.
Want numbers for your neighborhood or ZIP code? Get them by email.
Frequently asked questions
Is Northern Virginia a buyer’s market now?
Not yet. With about 2.5 months of supply, it still leans toward sellers, but it’s more balanced than a year ago.
How often will you update these numbers?
I share fresh numbers each month in my newsletter.
Filed under Inside Arlington, Inside Fairfax County, Inside Loudoun County, Market Pulse
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