How much is a home worth in ZIP code 20121?

The typical home in 20121 is worth $571,990, based on the Zillow Home Value Index.

Are home values rising in 20121?

Home values in 20121 are down 0.8% over the past year, and up 4.5% a year over five years.

What is the typical rent in 20121?

A typical home in 20121 rents for about $2,395 a month, a gross rental yield of 5.0%.

What is the property tax rate in 20121?

The effective property tax rate in 20121 is 0.9% — roughly $5,394 a year on a typical home.

ZIP code 20121 has a population of 27,788 and a median household income of $129,947.

HousingHandbookReference data

…

U.S. ZIP Code · VA20121

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

Typical home value

$571,990^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.8%
5-year / yr: +4.5%
10-year / yr: +4.9%

Relative price

vs U.S.: +101.4%
vs metro: -2.6%
vs state: +74.2%

Price history

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

The typical home in 20121 is worth $571,990 — 2.6% below the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 0.8%. Homes here rent for a typical $2,395 a month — a 5.0% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent: $2,395^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $5,394^[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: 27,788^[3]
Median household income: $129,947^[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: 3
Middle: 0
High: 1

Bull Run Elementary
Elementary · Grades PK–6 · Fairfax County Public Schools
796 students
Centreville Elementary
Elementary · Grades PK–6 · Fairfax County Public Schools
773 students
Centre Ridge Elementary
Elementary · Grades PK–6 · Fairfax County Public Schools
658 students
Bull Run Early Childhood Resource Center
Prekindergarten · Grades PK · Fairfax County Public Schools
221 students
Mountain View High
High · Grades 9–12 · Fairfax County Public Schools
142 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.

Home value$Monthly rent$

Gross yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$28,737

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,892

Loan principal$457,592

Down payment$114,398

Total interest paid$583,633

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.59

Monthly cost to own$3,817

Monthly rent$2,395

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: 70th percentile^[1]
Rental yield: 57th percentile^[2]
Property tax: 71st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 20121?: The typical home in 20121 is worth $571,990, based on the Zillow Home Value Index.
Are home values rising in 20121?: Home values in 20121 are down 0.8% over the past year, and up 4.5% a year over five years.
What is the typical rent in 20121?: A typical home in 20121 rents for about $2,395 a month, a gross rental yield of 5.0%.
What is the property tax rate in 20121?: The effective property tax rate in 20121 is 0.9% — roughly $5,394 a year on a typical home.
Who lives in 20121?: ZIP code 20121 has a population of 27,788 and a median household income of $129,947.

#Comparable ZIPs

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

20009 vs 20121 →
Washington, DC
Typical home
$572,361
Gross yield
5.5%
22554 vs 20121 →
Stafford Courthouse CDP, VA
Typical home
$571,420
Gross yield
4.7%
21769
Middletown, MD
Typical home
$573,544
Gross yield
4.8%
22611
Berryville, VA
Typical home
$570,230
Gross yield
—
21755
Jefferson CDP, MD
Typical home
$576,527
Gross yield
—
20677
Port Tobacco Village, MD
Typical home
$577,073
Gross yield
—

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#Jump to section

U.S. ZIP Code · VA20121

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