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Fairfax Acres Waples Hill

OAKTON, VA 22124

Real Estate Market Report  ·  Fairfax County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 22124

Fairfax Acres · Waples Hill

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OAKTON, VA real estate market (22124) currently shows 58 active listings, with 20 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 25 days on market compared to 9 days last year.

The median listing price has fallen 23.6% year-over-year, from $1,366,995 to $1,043,750.

Whether you are buying or selling in OAKTON, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,449  ·  Density: 689.8/mi²  ·  Median household income: $201,541

Typical home value: $914,376  ·  Homeownership: 86.0%

Market Overview

Active Listings
58
⇧ 81.3% vs 32 last year
Pending
20
34% pending ratio
Median Price
$1,043,750
⇩ 23.6% vs $1,366,995 last year
Average Price
$1,576,049
⇩ 27.5% vs $2,173,270 last year
Days on Market
25
⇧ 177.8% vs 9 days last year

Price Per Square Foot

Median $/sqft
$352
⇧ 3.2% vs $341/sqft last year
Median Home Size
3,126 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 32 last year
  • Days on market: 25 now vs 9 last year

Median & Average Pricing

Year over Year
  • Median: $1,043,750 (-23.6% YoY)
  • Average: $1,576,049 (-27.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 747 listings ($883,333,783 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22124Oakton, VA 221240.0 mi43$74,581,522$953,425$1,734,454
22033Fairfax, VA 220333.1 mi69$46,811,877$619,725$678,433
22030Fairfax, VA 220303.6 mi77$74,328,947$840,000$965,311
20171Herndon, VA 201714.3 mi68$59,845,848$687,450$880,086
22182Vienna, VA 221824.4 mi57$100,077,237$1,275,000$1,755,741
22032Fairfax, VA 220325.3 mi31$30,267,749$889,125$976,379
20151Chantilly, VA 201516.2 mi64$49,595,968$700,224$774,937
20170Herndon, VA 201706.8 mi63$37,536,093$548,748$595,811
22043Falls Church, VA 220437.2 mi55$90,215,565$1,839,050$1,640,283
22042Falls Church, VA 220427.5 mi69$55,000,176$764,900$797,104
22046Falls Church, VA 220468.1 mi73$83,554,632$994,500$1,144,584
22066Great Falls, VA 220668.4 mi49$164,059,154$2,555,750$3,348,146
20121Centreville, VA 201218.6 mi29$17,459,015$542,500$602,035

Frequently Asked Questions

How many homes are for sale in OAKTON, VA 22124?

As of March 2026, there are 58 active listings in OAKTON, VA (zip code 22124), compared to 32 the prior year.

What is the median home price in OAKTON, VA 22124?

The median listing price in OAKTON, VA 22124 is $1,043,750 as of March 2026, a 23.6% decrease from $1,366,995 the prior year.

How long do homes stay on the market in OAKTON, VA?

Homes in OAKTON, VA 22124 spend an average of 25 days on the market before going under contract, compared to 9 days the prior year.

Is it a seller's or buyer's market in OAKTON, VA 22124?

Based on current inventory and days-on-market data as of March 2026, OAKTON, VA 22124 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 25 days on market compared to 9 days last year.

How much can I save on real estate commission in OAKTON, VA?

With SELL123.com's maximum 3% commission, sellers in OAKTON, VA 22124 save an estimated $20,875 compared to a typical 5% commission on the median listing price of $1,043,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.