Zip Code:

22003, Annandale, VA

22003 is a Virginia Zip code within the city of Annandale and the county of Fairfax County. Its population is roughly 59,375.

The Real Estate Market in Annandale, VA in 2003

The Annandale, VA zip code 22003 has a population of approximately 29,000 people. The median household income in this zip code is $119,000 which is higher than the national median household income of $57,617. Additionally, the home equity and home prices in this zip code are both higher than the national average.

According to Zillow’s Home Value Index for ZIP Codes within 100 miles of Washington D.C., the Annandale 22003 zip code ranks as the fourth most expensive zip code in the country with a median home value of $527,500. This is significantly higher than the national median home value of $217,500. Additionally, Zillow’s Home Value Index reports that there was an 11% increase in home values from January to March 2016 compared to 2015. This suggests that there may be further appreciation potential for homes in this area over time.

Given these high values and recent appreciation trends, it is likely that homeowners in Annandale 22003 will see significant increases in their home equity over time. While there are certainly risks associated with investing in real estate (e.g., market volatility), it seems likely that homeowners who have invested in homes within this zip code will be very happy with their decisions for many years to come.

Price Index: Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD)

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