HousingHandbookReference data

U.S. ZIP Code · VA20120

Fairfax County · Washington-Arlington-Alexandria, DC-VA-MD-WV

Typical home value

$707,474[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.0%
5-year / yr
+4.1%
10-year / yr
+4.6%

Relative price

vs U.S.
+149.1%
vs metro
+20.5%
vs state
+115.5%
ZIP 20120 location in VA
Location of ZIP 20120 in VA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 20120 is worth $707,474 — 20.5% above the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $2,349 a month — a 4.0% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,349[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$6,811[3]

#Climate risk

FEMA National Risk Index ratings for Fairfax County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
42,896[3]
Median household income
$152,563[3]

#Migration

Household moves in and out of Fairfax County over a year, from IRS tax-return data.

Net migration
-4,809[5]
Moved in
39,715
Moved out
44,524

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
6
Middle
1
High
0
  • Cardinal Ridge Elementary

    Elementary · Grades PK–5 · Loudoun County Public Schools

    877 students

  • Powell Elementary

    Elementary · Grades PK–6 · Fairfax County Public Schools

    876 students

  • Stone Middle

    Middle · Grades 7–8 · Fairfax County Public Schools

    708 students

  • Virginia Run Elementary

    Elementary · Grades PK–6 · Fairfax County Public Schools

    703 students

  • London Towne Elementary

    Elementary · Grades PK–6 · Fairfax County Public Schools

    685 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$28,185

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,577
Loan principal$565,979
Down payment$141,495
Total interest paid$721,875

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.02
Monthly cost to own$4,733
Monthly rent$2,349

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
61st percentile[1]
Rental yield
27th percentile[2]
Property tax
75th percentile[3]

Frequently asked

How much is a home worth in ZIP code 20120?
The typical home in 20120 is worth $707,474, based on the Zillow Home Value Index.
Are home values rising in 20120?
Home values in 20120 are down 1.0% over the past year, and up 4.1% a year over five years.
What is the typical rent in 20120?
A typical home in 20120 rents for about $2,349 a month, a gross rental yield of 4.0%.
What is the property tax rate in 20120?
The effective property tax rate in 20120 is 1.0% — roughly $6,811 a year on a typical home.
Who lives in 20120?
ZIP code 20120 has a population of 42,896 and a median household income of $152,563.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Marshall CDP, VA

    Typical home
    $707,959
    Gross yield
  • Herndon, VA

    Typical home
    $709,384
    Gross yield
    3.9%
  • Gaithersburg, MD

    Typical home
    $705,029
    Gross yield
    4.0%
  • Arlington CDP, VA

    Typical home
    $703,144
    Gross yield
    4.7%
  • Alexandria, VA

    Typical home
    $712,593
    Gross yield
    3.0%
  • West Springfield CDP, VA

    Typical home
    $701,918
    Gross yield
    5.6%

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