
Long & Foster Real Estate
Real Estate Brokerage
Fairfax, VA

The Old Dominion · 198 real estate professionals in 64 cities
Photo: A downtown view of Richmond, VA by Bruce Emmerling, CC BY-SA 4.0 via Wikimedia Commons
Virginia's housing market divides into three major regions. Richmond is the capital and a center for finance and healthcare, and Hampton Roads, around Norfolk, Virginia Beach and Newport News, is home to a large naval presence and shipbuilding.
The Virginia Real Estate Board, under the Department of Professional and Occupational Regulation, licenses salespersons and brokers, and salespersons must work under a supervising broker. Settlement can be handled by an attorney or a title company. Ask your agent to explain local recordation costs and HOA disclosure packets, which can differ across jurisdictions.
Richmond has a mix of historic neighborhoods and suburban counties, and Newport News buyers frequently relocate for shipyard or military jobs. Ask agents how changes in federal employment are affecting demand where you plan to buy.

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Every city page lists local agents on a map with that city’s home values and rent.
Zillow’s index estimates the middle-of-the-market home in Virginia at around $414,662 (August 2026). Over twelve months the typical value rose 2.2%. Zoom out to five years and values are +23.4%.
Source: Zillow Home Value Index, data through August 2026.
| City | Typical home | 1 year | Rent | Realtors |
|---|---|---|---|---|
| Great Falls | $1,692,669 | +2.3% | $4,853 | 1 |
| McLean | $1,459,672 | +2.5% | $2,731 | 2 |
| Vienna | $1,165,194 | +2.0% | $3,412 | 6 |
| Oakton | $1,097,426 | +2.3% | $2,964 | 0 |
| Leesburg | $851,239 | +2.6% | $2,440 | 1 |
| Arlington | $806,571 | +0.8% | $2,702 | 0 |
| Chantilly | $802,511 | +0.5% | $3,196 | 3 |
| Ashburn | $798,580 | +0.2% | $3,039 | 0 |
| Fairfax | $779,698 | +1.2% | $2,472 | 4 |
| Annandale | $748,628 | +1.5% | $2,494 | 0 |
| Burke | $722,753 | +1.0% | $2,975 | 0 |
| Springfield | $699,510 | +1.0% | $3,053 | 0 |
| Warrenton | $682,559 | +2.2% | $2,292 | 7 |
| Alexandria | $666,031 | +0.9% | $2,285 | 2 |
| Reston | $624,958 | +0.3% | $2,598 | 3 |
Sorted by typical home value. Zillow Home Value Index and Observed Rent Index.
| License regulator | Virginia Real Estate Board (DPOR) |
|---|---|
| State REALTOR® association | Virginia REALTORS |
| Capital | Richmond |
| Largest city | Virginia Beach |
| Population (2020 Census) | 8,631,393 |
| Main time zone | Eastern Time |
Before you sign a buyer or listing agreement, look the agent up in the Virginia Real Estate Board (DPOR) public license search to confirm the license is active and check for disciplinary history.