AM Real Estate Ahmed MakkiyahNorthern Virginia Guide

Northern Virginia Guide › Housing market: the NoVA Index

The NoVA Index · September 2026 edition

Northern Virginia home prices held steady in September 2026.The monthly report on Northern Virginia home prices

The median Northern Virginia house or townhouse sold for $785,000 in September 2026, the same as September 2025, and the price per square foot rose 1.8% to $396. Bidding wars cooled: 29% of homes sold over asking, down from 33% a year earlier, and 1,478 homes sold, 10% fewer.

Published October 8, 20261,478 closed sales, Bright MLSNext edition: early November

The NoVA Index barometer: 29.0% of homes sold over asking in September 2026, which reads Balanced. The thin hand marks September 2025 at 33.1%.0%10%20%30%40%50%60%BUYERS' EDGEBALANCEDSELLERS' EDGEBIDDING WARSTHE NOVA INDEX29%SOLD OVER ASKINGSEPTEMBER 2026
Balanced. The rose-gold hand is September 2026; the thin brass hand marks September 2025 (33%). In April it reached 53%.

September 2026 in six numbers

Houses and townhouses, condos not included. Each against September 2025.

$396the Index: median price per finished square foot above ground, up 1.8% from $389.
$785,000median sale price, same as a year ago.
$914,750median house, up 3.1% from $887,450.
$655,000median townhouse, up 2.3% from $640,000.
29%sold over asking. A year ago: 33%.
14days to sell, median. A year ago: 15.

What moved

Prices held. Buyers got more room.

Three things changed from September 2025 to September 2026.

  1. 1

    Prices held

    The overall median stayed at $785,000, while houses rose 3.1% to $914,750 and townhouses 2.3% to $655,000. Price per square foot, the steadier measure, was up 1.8%.

  2. 2

    Fewer bidding wars

    29% of homes sold above their list price, down from 33%. This spring the share hit 53% in April, so the market has cooled from spring, as it does most years, and a little more than it did in 2025.

  3. 3

    Fewer sales

    1,478 houses and townhouses closed, against 1,642 in September 2025, 10% fewer. A few late-reported September sales can still be added after the October 6 pull, so this gap may narrow slightly.

If you are selling

Price right from day one. With fewer homes selling over asking, an overpriced listing sits, and the median home still sold in 14 days.

If you are buying

More room to negotiate than in spring, when 53% of homes sold over asking. Prices have not dropped, so the opening is in terms and timing, not a lower market.

Month by month

2026 against 2025, January to September.

Prices follow the seasons: they climb into the spring and ease through the summer. Comparing each month with the same month a year earlier takes the season out.

Median sale price

2026 2025

$700K$750K$800K$850K$900KJanFebMarAprMayJunJulAugSep$700K$750K$800K$850K$900KJanFebMarAprMayJunJulAugSep

September: $785,000 in 2026, $785,000 in 2025

Sold over asking

2026 2025

20%30%40%50%60%JanFebMarAprMayJunJulAugSep20%30%40%50%60%JanFebMarAprMayJunJulAugSep

September: 29.0% in 2026, 33.1% in 2025

Northern Virginia houses and townhouses by month, 2025 against 2026
Month2025 median2026 medianChangePer sq ftSold over askingHomes sold
January$774,950$737,050−4.9%$395 → $38138% → 28%956 → 948
February$800,000$789,245−1.3%$400 → $39953% → 44%1,121 → 1,178
March$835,000$825,000−1.2%$411 → $41055% → 49%1,461 → 1,576
April$830,000$850,000+2.4%$402 → $41355% → 53%2,035 → 2,086
May$824,900$850,000+3.0%$404 → $41452% → 52%2,219 → 2,421
June$830,000$840,000+1.2%$400 → $40944% → 47%2,216 → 2,470
July$815,000$820,000+0.6%$394 → $39636% → 41%2,001 → 2,033
August$807,500$800,000−0.9%$393 → $39634% → 33%1,825 → 1,775
September$785,000$785,0000.0%$389 → $39633% → 29%1,642 → 1,478

County by county

July to September 2026, against the same three months of 2025.

Counties use three months of sales so a handful of big or small sales cannot swing the number. The line shows each month of 2026 over the faint line for 2025.

All of Northern Virginia

5,286 homes sold, July to September 2026

$800,0000.0%median sale price, houses and townhouses

2026 by month 2025

  • Houses$930,000+1.6%
  • Townhouses$648,880+0.6%
  • Price per sq ft$396+1.0%
  • Sold over asking35%was 35%
  • Days to sell, median11was 12

Fairfax County

2,388 homes sold, July to September 2026

$847,694+0.9%median sale price, houses and townhouses

2026 by month 2025

  • Houses$972,500+1.5%
  • Townhouses$650,0000.0%
  • Price per sq ft$442+0.7%
  • Sold over asking37%was 37%
  • Days to sell, median10was 12

Loudoun County

1,052 homes sold, July to September 2026

$856,495+0.2%median sale price, houses and townhouses

2026 by month 2025

  • Houses$1,050,000+1.2%
  • Townhouses$699,900+0.7%
  • Price per sq ft$343−0.3%
  • Sold over asking31%was 28%
  • Days to sell, median13was 13

Prince William County

1,170 homes sold, July to September 2026

$629,156−0.9%median sale price, houses and townhouses

2026 by month 2025

  • Houses$720,000+0.3%
  • Townhouses$529,995+1.9%
  • Price per sq ft$316−0.9%
  • Sold over asking34%was 39%
  • Days to sell, median13was 12

Arlington

289 homes sold, July to September 2026

$1,245,000−0.4%median sale price, houses and townhouses

2026 by month 2025

  • Houses$1,322,500+1.7%
  • Townhouses$990,000−2.2%
  • Price per sq ft$645+5.4%
  • Sold over asking36%was 29%
  • Days to sell, median8was 15

City of Alexandria

193 homes sold, July to September 2026

$980,000+1.8%median sale price, houses and townhouses

2026 by month 2025

  • Houses$1,250,000+4.2%
  • Townhouses$894,576+3.4%
  • Price per sq ft$609+2.4%
  • Sold over asking33%was 35%
  • Days to sell, median9was 12

All of Northern Virginia also includes the cities of Fairfax, Falls Church, Manassas and Manassas Park. Arlington and Alexandria townhouse figures rest on fewer sales and move more from quarter to quarter.

How the Index works

The same method every month.

A number is only useful if it is built the same way each time. These rules do not change from edition to edition; if one ever has to, the change will be dated here.

Source
Every closed sale in Bright MLS, the listing service Northern Virginia agents use, pulled by Ahmed Makkiyah. This edition: closed sales from January 1 to September 30, 2025 and January 1 to September 30, 2026, pulled October 6, 2026.
What counts
Detached houses and townhouses owned outright (fee simple). Condos, co-ops and townhouses sold as condos are left out, and so is any sale under $75,000.
Where
Fairfax, Loudoun, Prince William and Arlington counties and the cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park.
The Index
The median sale price per square foot of finished space above ground. Basements are not counted because their finish varies so much. Homes listed with under 500 square feet above ground are left out of this one measure.
Comparisons
Each month is compared with the same month a year earlier, by closing date. Counties use three months of sales.
The barometer
The share of homes that sold for more than their list price. Under 20%: buyers' edge. 20% to 35%: balanced. 35% to 50%: sellers' edge. Over 50%: bidding wars.
Days to sell
The median of cumulative days on market, which carries over when a home is relisted.

Every edition

The archive starts here.

Each month's edition is kept at its own address, so you can see how any month was reported at the time.

  1. September 2026First edition, published October 8, 2026. You are reading it.
  2. October 2026Due in early November 2026.

Questions

What people ask about the Northern Virginia market.

Are home prices going down in Northern Virginia?

No. In September 2026 the median house or townhouse sold for $785,000, the same as in September 2025, and the price per square foot was up 1.8% to $396. Houses were up 3.1% to $914,750 and townhouses up 2.3% to $655,000. What has eased is competition: 29% of homes sold over asking, against 33% a year earlier. Source: Bright MLS closed sales, September 1 to 30 of each year, condos not included.

Is Northern Virginia a buyer's or a seller's market right now?

Balanced, by the NoVA Index barometer. In September 2026, 29% of houses and townhouses sold for more than their list price, inside the 20% to 35% band the Index calls balanced. In April 2026 it was 53%, a bidding-war spring. The median home still sold in 14 days, so well-priced homes sell quickly.

What is the median home price in Northern Virginia?

$785,000 for houses and townhouses that closed from September 1 to 30, 2026 (1,478 sales, condos not included). Houses alone: $914,750. Townhouses alone: $655,000. Arlington and Alexandria cost the most per square foot; Prince William the least.

How fast are homes selling in Northern Virginia?

The median house or townhouse that closed in September 2026 sold in 14 days on the market, against 15 days in September 2025. In spring 2026 the median was 5 to 6 days.

What is the NoVA Index?

A monthly report on Northern Virginia home prices by Ahmed Makkiyah, REALTOR® with Douglas Realty of Virginia. It uses every closed sale of a detached house or fee-simple townhouse in Fairfax, Loudoun, Prince William and Arlington counties and the cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park, from Bright MLS. Each month is compared with the same month a year earlier. The method stays the same from month to month, and every edition is kept.

When does the next NoVA Index come out?

Each edition comes out in the first days of the following month, once the month's sales have closed. The October 2026 edition is due in early November 2026.

Your next step

The Index is the whole region. Your street is its own market.

Send your situation and get the numbers for your neighborhood back, in English or Arabic, not a pitch.

مؤشر شمال فرجينيا · سبتمبر 2026

أسعار البيوت في شمال فرجينيا مستقرة في سبتمبر 2026

بلغ السعر الوسطي للبيوت المستقلة والتاونهاوس في شمال فرجينيا 785,000 دولار في سبتمبر 2026، وهو السعر نفسه في سبتمبر 2025، وارتفع سعر القدم المربعة بنسبة 1.8% إلى 396 دولارًا. وبلغ السعر الوسطي للبيوت المستقلة 914,750 دولار، وللتاونهاوس 655,000 دولار. ولا تشمل هذه الأرقام الشقق السكنية (الكوندو).

وخفّت المنافسة بين المشترين: فقد بيع 29% من البيوت بأعلى من السعر المطلوب، مقارنة بـ33% قبل عام، وبيع 1,478 بيتًا، أي أقل بنسبة 10%. واحتاج البيت الوسطي إلى 14 يومًا ليُباع.

المصدر: مبيعات مغلقة من 1 سبتمبر إلى 30 سبتمبر 2026، مقارنة بالفترة نفسها من عام 2025 (Bright MLS، سُحبت البيانات في 6 أكتوبر 2026).

وكيلك العقاري الموثوق في شمال فرجينيا.

Keep exploring

More on the Northern Virginia market.