
The overall trend in Northern Virginia housing appreciation remains positive in 2025, although price growth has slowed compared to previous years. Limited inventory and stable buyer demand are keeping prices from dropping, but rising mortgage rates have cooled the rapid increases we saw in 2021–2022.
Fairfax County still shows year-over-year home value growth, but in a more balanced, steady fashion. Debbie Dogrul Associates, consistently ranks among the top real estate teams in Springfield, VA and Burke, VA, has seen firsthand how these conditions are shaping the local market. Their decades of experience and proven track record make them a trusted resource for buyers and sellers navigating this evolving landscape.
Springfield VA Home Values
- The median sale price in Springfield is currently around $667,500, up just 1.0% year over year.
- Zillow reports a Home Value Index of $693,979, reflecting a minimal 0.1% increase over the past 12 months.
- Realtor.com data shows Springfield home prices trending upward about 3.5% year-over-year.
While Springfield homes are still gaining value, the increases are moderate. Homes are sitting longer on the market compared to previous years, suggesting a shift toward a more balanced market.
Burke VA Real Estate Prices
- Burke's median sale price sits around $782,500, a 5.0% year-over-year increase according to Redfin.
- Zillow’s estimate for Burke shows a home value average of $717,921, up about 1.1% over the year.
- Long & Foster's Market Minute data shows August median prices around $660,000, which is about a 2% increase from the prior year.
So, are Burke VA real estate prices still rising? Yes, but not at the same rate across the board. Updated homes in desirable neighborhoods are seeing the strongest appreciation.
What’s Driving These Changes?
Several factors are influencing both Springfield VA home values and Burke VA real estate prices:
- Interest rates: Higher borrowing costs are affecting how much buyers can afford.
- Inventory levels: Lower supply is helping to stabilize home values.
- Home condition: Move-in ready homes with modern updates still command premium prices.
- Location perks: Proximity to transit, strong schools, and shopping continue to drive demand.
Local Outlook
Both Springfield and Burke remain strong markets within Northern Virginia. The pace of appreciation has slowed, but price trends are still heading up—particularly in well-maintained, well-located homes.
If you're a homeowner or buyer in these areas, this is a good time to work with a local expert to understand neighborhood-level trends and timing.
Why Work With Team DDA?
At Debbie Dogrul Associates, we track local price trends weekly, not just monthly. Whether you're buying or selling in Springfield, Burke, or anywhere in Fairfax County, Team DDA helps you understand the numbers and act with confidence.
We’ve closed thousands of transactions in Northern Virginia and know what it takes to win in a changing market. If you're wondering about timing your move or pricing your home correctly in today’s market, let us help you make the most informed decision.
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