22043, Falls Church, VA

The 22043 zip code of Falls Church, VA is located in the Washington, D.C. metropolitan area and has a population of approximately 73,000. The median household income in this zip code is $106,000 and the median home value is $527,500.

Since 2007, the home equity market in the 22043 zip code has experienced significant growth. In 2007, the home equity market in this zip code had an estimated value of $191 million. By 2016, this number had increased to an estimated value of $1.4 billion. This significant increase can be attributed to several factors including rising prices across all markets nationwide and increasing demand for housing within the Washington D.C metropolitan area specifically.

While there are many factors that have contributed to this trend, one key factor has been the availability of affordable financing options for home buyers within this zip code. In particular, lenders have been increasingly willing to offer mortgages with low down payments and longer terms which has helped to fuel demand for homes within this area. Additionally, Falls Church is a desirable location which has helped to attract investors and homeowners from other parts of the country who are looking for opportunities to invest in high-value homes without having to deal with major city congestion or expensive rental costs