Home Values Rose In Fairfax County From Last Year

The average value of homes in Fairfax County, Virginia, increased since last year, and that will likely mean higher real estate tax bills this year, according to a new report. The Fairfax County 2021 real estate assessments report shows that 88% of homes in the county have increased in value on average by about 4.25%. That brings the average home price up to $607,752 this year — compared to last year’s average assessment of $582,976. Continue reading