Cities with the fastest-growing home prices in the Washington, D.C. metro area

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May 2, 2024
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Cities with the fastest-growing home prices in the Washington, D.C. metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

In March, the typical home value in the United States was $355,696, 4.6% higher than the previous year.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in the Washington, D.C. metro area using Zillow data. Cities are ranked by their one-year price change as of March 2024.

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Stacker

#30. North Potomac, MD

- 1-year price change: +$44,650 (+5.3%)
- 5-year price change: +$182,760 (+26.1%)
- Typical home value: $881,678 (#23 most expensive city in metro)
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Stacker

#29. Fort Hunt, VA

- 1-year price change: +$44,683 (+4.9%)
- 5-year price change: +$228,145 (+31.0%)
- Typical home value: $963,612 (#18 most expensive city in metro)
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Stacker

#28. Lincolnia, VA

- 1-year price change: +$45,093 (+7.0%)
- 5-year price change: +$162,703 (+30.8%)
- Typical home value: $691,115 (#56 most expensive city in metro)
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Stacker

#27. Rose Hill, VA

- 1-year price change: +$45,545 (+7.1%)
- 5-year price change: +$159,676 (+30.2%)
- Typical home value: $687,783 (#59 most expensive city in metro)
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Stacker

#26. Cabin John, MD

- 1-year price change: +$45,588 (+3.8%)
- 5-year price change: +$246,115 (+24.4%)
- Typical home value: $1,253,666 (#6 most expensive city in metro)
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Stacker

#25. Purcellville, VA

- 1-year price change: +$45,624 (+5.8%)
- 5-year price change: +$261,884 (+45.6%)
- Typical home value: $836,749 (#28 most expensive city in metro)
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Stacker

#24. Reston, VA

- 1-year price change: +$46,688 (+8.3%)
- 5-year price change: +$136,713 (+28.9%)
- Typical home value: $610,175 (#77 most expensive city in metro)
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Stacker

#23. Summit Point, WV

- 1-year price change: +$46,842 (+12.2%)
- 5-year price change: +$150,267 (+53.7%)
- Typical home value: $430,294 (#157 most expensive city in metro)
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Stacker

#22. Burke, VA

- 1-year price change: +$47,451 (+7.3%)
- 5-year price change: +$179,182 (+34.3%)
- Typical home value: $701,111 (#54 most expensive city in metro)
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Stacker

#21. Chevy Chase View, MD

- 1-year price change: +$47,519 (+3.4%)
- 5-year price change: +$333,311 (+29.7%)
- Typical home value: $1,454,633 (#2 most expensive city in metro)
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Stacker

#20. Glen Echo, MD

- 1-year price change: +$47,600 (+4.0%)
- 5-year price change: +$333,311 (data not available)
- Typical home value: $1,244,746 (#8 most expensive city in metro)
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Stacker

#19. Annandale, VA

- 1-year price change: +$47,700 (+7.0%)
- 5-year price change: +$173,509 (+31.2%)
- Typical home value: $729,718 (#46 most expensive city in metro)
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Stacker

#18. Springfield, VA

- 1-year price change: +$49,024 (+7.6%)
- 5-year price change: +$176,167 (+34.3%)
- Typical home value: $690,042 (#57 most expensive city in metro)
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Stacker

#17. Clifton, VA

- 1-year price change: +$49,798 (+5.5%)
- 5-year price change: +$248,940 (+35.3%)
- Typical home value: $953,791 (#19 most expensive city in metro)
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Stacker

#16. Chantilly, VA

- 1-year price change: +$51,314 (+6.9%)
- 5-year price change: +$234,809 (+42.2%)
- Typical home value: $790,661 (#36 most expensive city in metro)
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Stacker

#15. Hamilton, VA

- 1-year price change: +$52,644 (+6.8%)
- 5-year price change: +$266,962 (+47.4%)
- Typical home value: $830,242 (#30 most expensive city in metro)
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Stacker

#14. Middleburg, VA

- 1-year price change: +$53,999 (+5.5%)
- 5-year price change: +$326,875 (+45.7%)
- Typical home value: $1,041,913 (#13 most expensive city in metro)
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Stacker

#13. Fort Belvoir, VA

- 1-year price change: +$54,264 (+7.5%)
- 5-year price change: +$181,598 (+30.6%)
- Typical home value: $774,200 (#40 most expensive city in metro)
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Stacker

#12. Fairfax, VA

- 1-year price change: +$54,878 (+7.9%)
- 5-year price change: +$182,714 (+32.3%)
- Typical home value: $748,397 (#44 most expensive city in metro)
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Stacker

#11. Falls Church, VA

- 1-year price change: +$56,885 (+8.3%)
- 5-year price change: +$179,301 (+31.7%)
- Typical home value: $744,325 (#45 most expensive city in metro)
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Stacker

#10. Oakton, VA

- 1-year price change: +$59,232 (+6.1%)
- 5-year price change: +$247,050 (+31.7%)
- Typical home value: $1,027,026 (#14 most expensive city in metro)
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Stacker

#9. Aldie, VA

- 1-year price change: +$61,436 (+6.5%)
- 5-year price change: +$341,967 (+51.1%)
- Typical home value: $1,011,816 (#16 most expensive city in metro)
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Stacker

#8. Upperville, VA

- 1-year price change: +$64,408 (+5.4%)
- 5-year price change: +$355,141 (+39.6%)
- Typical home value: $1,250,900 (#7 most expensive city in metro)
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Stacker

#7. Paeonian Springs, VA

- 1-year price change: +$67,347 (+9.2%)
- 5-year price change: +$355,141 (data not available)
- Typical home value: $801,960 (#33 most expensive city in metro)
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Stacker

#6. Vienna, VA

- 1-year price change: +$67,629 (+6.6%)
- 5-year price change: +$247,544 (+29.5%)
- Typical home value: $1,085,898 (#12 most expensive city in metro)
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Stacker

#5. Potomac, MD

- 1-year price change: +$70,385 (+5.6%)
- 5-year price change: +$316,980 (+31.3%)
- Typical home value: $1,329,639 (#5 most expensive city in metro)
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Stacker

#4. Waterford, VA

- 1-year price change: +$76,998 (+6.8%)
- 5-year price change: +$436,480 (+56.6%)
- Typical home value: $1,207,877 (#9 most expensive city in metro)
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Stacker

#3. Great Falls, VA

- 1-year price change: +$83,754 (+5.7%)
- 5-year price change: +$460,156 (+41.8%)
- Typical home value: $1,561,930 (#1 most expensive city in metro)
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Stacker

#2. McLean, VA

- 1-year price change: +$90,820 (+7.3%)
- 5-year price change: +$326,589 (+32.4%)
- Typical home value: $1,333,737 (#4 most expensive city in metro)
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Stacker

#1. Dunn Loring, VA

- 1-year price change: +$93,143 (+8.6%)
- 5-year price change: +$289,920 (+32.5%)
- Typical home value: $1,181,724 (#10 most expensive city in metro)

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 380 metros.

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