22046, Falls Church, VA

The 22046 zip code of Falls Church, VA has a population of around 73,000 people. The median household income in this zip code is $106,000 which is higher than the national median household income of $53,046. The home equity and home prices in this zip code are both high compared to other areas in the country.

The average home value in the 22046 zip code is $325,000 which is more than double the national average home value of $157,500. The percentage of homes that are owned by their occupants is also high at 84%. This high percentage may be due to the large number of affluent residents in this area or it may be indicative of a strong market for housing.

Home equity and home prices are not always indicative of a healthy market though. There have been several cases where there has been an increase in home values only to see them decline later on due to factors such as interest rates or economic conditions. It is important to consult with a real estate agent if you are interested in buying or selling a property in this area so that you can get an accurate estimate of what your potential costs might be.