How much is a home worth in ZIP code 22124?

The typical home in 22124 is worth $1,105,529, based on the Zillow Home Value Index.

Are home values rising in 22124?

Home values in 22124 are down 1.1% over the past year, and up 3.7% a year over five years.

What is the typical rent in 22124?

A typical home in 22124 rents for about $3,727 a month, a gross rental yield of 4.0%.

What is the property tax rate in 22124?

The effective property tax rate in 22124 is 0.9% — roughly $10,190 a year on a typical home.

ZIP code 22124 has a population of 18,091 and a median household income of $218,380.

HousingHandbookReference data

…

U.S. ZIP Code · VA22124

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

Typical home value

$1,105,529^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.1%
5-year / yr: +3.7%
10-year / yr: +3.8%

Relative price

vs U.S.: +289.2%
vs metro: +88.3%
vs state: +236.7%

Price history

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

The typical home in 22124 is worth $1,105,529 — 88.3% above the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have fallen 1.1%. Homes here rent for a typical $3,727 a month — a 4.0% 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: $3,727^[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: 0.9%^[3]
Typical annual tax: $10,190^[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: 18,091^[3]
Median household income: $218,380^[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: 2
Elementary: 2
Middle: 0
High: 0

Waples Mill Elementary
Elementary · Grades PK–6 · Fairfax County Public Schools
820 students
Oakton Elementary
Elementary · Grades PK–6 · Fairfax County Public Schools
774 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 yield4.0%

Net yield (after ~40% expenses)2.4%

Annual rent$44,720

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$5,590

Loan principal$884,423

Down payment$221,106

Total interest paid$1,128,033

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 ratio1.97

Monthly cost to own$7,359

Monthly rent$3,727

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: 55th percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 65th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 22124?: The typical home in 22124 is worth $1,105,529, based on the Zillow Home Value Index.
Are home values rising in 22124?: Home values in 22124 are down 1.1% over the past year, and up 3.7% a year over five years.
What is the typical rent in 22124?: A typical home in 22124 rents for about $3,727 a month, a gross rental yield of 4.0%.
What is the property tax rate in 22124?: The effective property tax rate in 22124 is 0.9% — roughly $10,190 a year on a typical home.
Who lives in 22124?: ZIP code 22124 has a population of 18,091 and a median household income of $218,380.

#Comparable ZIPs

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

20105 vs 22124 →
Stone Ridge CDP, VA
Typical home
$1,108,191
Gross yield
3.4%
22213 vs 22124 →
Arlington CDP, VA
Typical home
$1,111,015
Gross yield
3.5%
20143
VA
Typical home
$1,113,346
Gross yield
—
20896
Garrett Park, MD
Typical home
$1,092,434
Gross yield
—
20016
Washington, DC
Typical home
$1,122,980
Gross yield
3.1%
22180
Vienna, VA
Typical home
$1,077,872
Gross yield
2.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 22124 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · VA22124

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