Merrifield, VA Housing Market
The Merrifield housing market is most competitive. The median sale price of a home in Merrifield was $615K last month, up 25.0% since last year. The median sale price per square foot in Merrifield is $380, down 5.2% since last year.
Merrifield Housing Market Trends
In March 2024, Merrifield home prices were up 25.0% compared to last year, selling for a median price of $615K. On average, homes in Merrifield sell after 26 days on the market compared to 9 days last year. There were 14 homes sold in March this year, up from 13 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Merrifield housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 19 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 21 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 9 days.
- Hot homescan sell for about 9% above list price and go pending in around 3 days.
Merrifield Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Merrifield from outside metros.
- New York homebuyers searched to move into Merrifield more than any other metro followed by Atlanta and Hartford.
- 81% of Merrifield homebuyers searched to stay within the Merrifield metropolitan area.
- Salisbury was the most popular destination among Merrifield homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Merrifield
Recent offers
View houses in Merrifield that sold recently
Recently sold homes
- $980,000 Last Sold Price4 beds3 baths2,260 sq ft8600 Willowmere Dr, Vienna, VA 22180(703) 528-8195List Price$910,000Sale to List8% over listDays on Market26 days8600 Willowmere Dr, Vienna, VA 22180
- $870,000 Last Sold Price5 beds3 baths2,506 sq ft9003 Mears St, Fairfax, VA 22031(703) 760-8880List Price$839,500Sale to List4% over listDays on Market30 days9003 Mears St, Fairfax, VA 22031
- $985,000 Last Sold Price3 beds3 baths2,333 sq ft8115 Quinn Ter, Vienna, VA 22180(703) 266-7277List Price$990,000Sale to List1% under listDays on Market39 days8115 Quinn Ter, Vienna, VA 22180
- $510,000 Last Sold Price2 beds2 baths959 sq ft2701 Bellforest Ct #309, Vienna, VA 22180(571) 407-7497List Price$510,000Sale to List0% over listDays on Market19 days2701 Bellforest Ct #309, Vienna, VA 22180
- $625,000 Last Sold Price3 beds3.5 baths2,196 sq ft9113 Bowler Dr, Fairfax, VA 22031(703) 942-6889List Price$599,900Sale to List4% over listDays on Market29 days9113 Bowler Dr, Fairfax, VA 22031
- $272,000 Last Sold Price1 bed1 bath598 sq ft3009 Nicosh Cir #4106, Falls Church, VA 22042(703) 790-9090List Price$275,000Sale to List1% under listDays on Market48 days3009 Nicosh Cir #4106, Falls Church, VA 22042
- $310,000 Last Sold Price1 bed1 bath737 sq ft3015 Nicosh Cir #2107, Falls Church, VA 22042(703) 378-8810List Price$309,900Sale to List0% over listDays on Market17 days3015 Nicosh Cir #2107, Falls Church, VA 22042
- $375,000 Last Sold Price1 bed1 bath748 sq ft2655 Prosperity Ave #328, Fairfax, VA 22031(703) 724-9494List Price$365,000Sale to List3% over listDays on Market21 days2655 Prosperity Ave #328, Fairfax, VA 22031
See all recently sold homes in Merrifield.
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Schools in Merrifield
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Fairhill Elementary School Public • PreK-6 | 567 Students | 13 reviews |
5/10 Stenwood Elementary School Public • PreK-6 | 570 Students | 17 reviews |
3/10 Marshall Road Elementary School Public • PreK-6 | 756 Students | 33 reviews |
NR Transition Support Resource Center/fairfax Public • N/A | - Students | N/A |
Climate's impact on Merrifield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Merrifield.
Flood Factor - Moderate
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Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
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Wind likelihood over time
Heat Factor - Severe
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Transportation in Merrifield
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