Northern Virginia Housing Market Gains Momentum as Sales, Prices, and Inventory Rise
The Northern Virginia housing market demonstrated strength in June 2026 with increases in home sales, prices, and inventory. Growing availability of homes offers buyers more choices.
The Northern Virginia housing market continued its upward trend in June 2026, with growth observed in home sales, prices, and available inventory. A total of 1,919 homes closed, marking a 3.9% increase compared to June 2025. Sales volume saw a substantial rise of 12.7%, reaching $1.85 billion.
The median sales price climbed by 5.2% to $810,000, reflecting the region's sustained desirability and robust economic fundamentals. Homes spent an average of 19 days on the market, a 5.0% decrease from the previous year, indicating continued strong buyer interest for well-priced properties.
One of the most encouraging developments in June was the increase in housing supply. The number of active listings grew by 12.1% to 2,816 homes. Months of supply rose to 1.98 months, an 7.8% year-over-year increase, providing buyers with more options.
The Northern Virginia Association of Realtors (NVAR) anticipates that market conditions will remain favorable for both buyers and sellers in the latter half of the year. Despite ongoing affordability challenges, the region's housing market continues to display long-term resilience and strength.