Fairfax County Government

2024 Real Estate Assessments Now Available; Average Residential Increase of 2.86%

2024 Real Estate Assessments Now Available; Average Residential Increase of 2.86%

QUICK SUMMARY

  • For 2024, residential real estate assessments are up an average of 2.86% countywide, with the average assessment for all homes at $744,526.
  • Real estate assessment notices for 2024 are being mailed to property owners, but this notice is not a tax bill. 
  • On average, home prices have continued to increase due to demand exceeding supply, but only moderately compared to the previous two years. 
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