Published November 1, 2026 in Market Update

Fairfax Station stayed tight even with slower pricing

By Rio Mallari

Real estate, Clifton-Fairfax Station

The one fact that changes what you should do: supply in Fairfax Station is razor thin. The Real Estate Data Aggregator counted just 15 homes for sale in ZIP 22039 during the three months ending August 31, 2026. That is down 31.8% from the same months of 2025. Less competition nearby means pricing still matters a lot.

Nationally, Realtor.com reported that 20.8% of listings had price cuts in September 2026, the highest share since October 2022. Fairfax Station is not following that trend. The Real Estate Data Aggregator shows 0.7 months of supply here. That is a very thin cushion for buyers and a real signal for sellers: overpricing still carries a cost.

Speed: most homes did not linger

The Real Estate Data Aggregator found that 62.2% of homes in ZIP 22039 went under contract within two weeks of listing, for the three months ending August 31, 2026. That share rose 4.7 points from the same period in 2025. Good homes can still move fast here, even as the median days on market edged up 6 days to 34 days.

Pricing: still above list, but the edge is smaller

The Real Estate Data Aggregator put the median sale price in ZIP 22039 at $1,250,000 for the three months ending August 31, 2026. That is up 2.5% from the same months of 2025. The Federal Housing Finance Agency reported U.S. house prices rose 2.4% from August 2025 to August 2026. Fairfax Station kept pace with the country, which is a steady result, not a stumble.

Homes here still sold above list on average. The Real Estate Data Aggregator put the average sale-to-list ratio at 101.8%, down just 0.1 points from 2025. Nearly half of homes, 45.5%, sold above list price. That share dipped 1.6 points from last year. Not every home sailed over asking, but most came close.

How Clifton (20124) compared

Clifton told a different story. The Real Estate Data Aggregator counted 29 homes for sale in ZIP 20124 during the same period, up 26.1% from 2025. Months of supply rose to 2.3, up 0.6 months. Homes sat a median of 49 days, which is 17 days longer than a year before. More choices for buyers, more patience needed for sellers.

Clifton's median sale price rose 8.7% year over year to $1,050,000, according to the Real Estate Data Aggregator. That is strong price growth. But the share of homes selling above list fell 9.7 points to 30.8%. More supply, more days, and a softer bidding picture than Fairfax Station.

The wider picture

Mortgage rates climbed above 7% for the first time since January 2025, Realtor.com reported. That is a real headwind for buyers across the country. Here in Clifton-Fairfax Station, the Real Estate Data Aggregator counted 105 homes sold across both ZIPs in the three months ending August 31, 2026, up 12.9% from 2025. Sales held up well despite the rate pressure.

One street can read very differently from the whole ZIP code. A home near a cul-de-sac or a school boundary can sit in its own little market. If you want to know what your specific address looks like, reach out.