What condos sell for in every area, what the fee pays for, and whether one is a good buy. Look up any area or condo community below.
Towers across the Potomac· Rosslyn, Arlington
Artist’s renderings of real Northern Virginia places.
Northern Virginia Guide › Northern Virginia condo guide
No community by that name has 10 or more condo sales in these two years. Try part of the name, or pick its area under By area.
6,651 closed condo sales
What the condo fee included
A $506/month condo fee takes the same room in a budget as the payment on about $74,000 of mortgage at 7.29% (30-year fixed). Lenders count the condo fee when they work out what you can borrow.
Today's national average7.29%30-year fixed · Mortgage News Daily · Oct 29, 2026Updated every business dayCondos here sold in a median 19 days, and 22% sold above the asking price. 51% of buyers got a seller credit (median $8,000). On October 30, 2026, 1,921 were for sale: about 3.5 months of supply.
Medians from closed condo sales in Bright MLS, Ahmed's own export. A median is the middle sale: half sold for more, half for less. It is a place to start planning, not the price of any one condo.
Updated October 30, 2026From 13,625 closed condo sales in Bright MLSAbout a 7-minute read
Quick answer
The median Northern Virginia condo sold for $422,500, and the median condo fee was $506 a month, in the 12 months from October 29, 2025 to October 29, 2026. Prices run from a $296,954 median in the City of Fairfax to $600,000 in the City of Falls Church. Fees run from $304 a month in the City of Manassas Park to $846 a month in the City of Falls Church. Older buildings and high floors pay the most: older buildings' fees often cover heat and water, and high-rises pay for elevators and staff.
Prices and fees by area
Condos in the City of Falls Church, Arlington County and the City of Alexandria sell for the most per square foot, but Loudoun and Prince William condos are bigger and newer, so Loudoun's median price ($505,000) tops Arlington's ($475,000). In the 12 months to October 29, 2026, the City of Falls Church had the highest median condo price ($600,000) and the City of Fairfax the lowest ($296,954).
Medians, closed condo sales from October 29, 2025 to October 29, 2026 (Bright MLS). Price per square foot uses finished space above ground. The gold bar is all of Northern Virginia.
Condo styles
"Condo" is a way of owning a home, not one kind of building. A garden flat, a high-rise flat, a stacked two-over-two and a townhouse-style condo can share the same word and live very differently. Garden flats were the most common, 2,799 sales at a $349,000 median with a $544/month fee; high-rise flats carried an $853/month median fee.
Elevator towers of 10 floors or more, mostly in Arlington, Alexandria, Tysons and Reston.
Most sold in Arlington County and Fairfax County
What to expect
Elevator buildings of about 5 to 9 floors, often over shops near Metro.
Most sold in Arlington County and Fairfax County
What to expect
Walk-up buildings of 2 to 4 floors around lawns and parking, many from the 1940s to the 1980s.
Most sold in Fairfax County and the City of Alexandria
What to expect
A two-level home inside a building, most often the top or bottom home of a two-over-two: one two-level home stacked on another.
Most sold in Fairfax County and Prince William County
What to expect
A row home with its own front door, owned as a condo: you own the inside, the association owns the outside and the land.
Most sold in Loudoun County and Fairfax County
What to expect
Styles come from three fields in each listing: Structure Type, the levels inside the unit and the floor you enter on. My first export had no building-height field, so a high-rise flat here is one entered on the 10th floor or higher, a mid-rise flat on floors 5 to 9, and a garden flat on floors 4 or lower. 23 one-level flats had no floor listed and 92 condos were other types. Closed condo sales from October 29, 2025 to October 29, 2026 (Bright MLS).
The condo fee
The median Northern Virginia condo fee was $506 a month (the middle half paid $390 to $681/month). That compares with a $124/month median HOA for a fee-simple townhouse over the same 12 months, because a condo fee pays for much more: the roof, the outside walls, the building's insurance and, in many buildings, your water.
From the "HOA Fee Includes" field in each listing, closed condo sales from October 29, 2025 to October 29, 2026 (Bright MLS). Each building is different: the resale certificate lists exactly what yours covers.
Condos built before 1970 had a $550/month median fee, against $388/month for those built in 2010 or later. In 59% of the older buildings the fee pays for heat, electricity or gas, so part of that fee replaces a utility bill you would pay anyway.
Built before 1970
$550/month59% of these fees pay for heat, power or gas.
1,234 sales · $300,000 median price
1970 to 1989
$535/month25% of these fees pay for heat, power or gas.
1,794 sales · $355,000 median price
1990 to 2009
$532/month7% of these fees pay for heat, power or gas.
2,135 sales · $435,000 median price
2010 or later
$388/month7% of these fees pay for heat, power or gas.
1,462 sales · $570,000 median price
High-rise flats come with elevators, staff and often a front desk. Flats you enter on the 10th floor or higher had an $853/month median fee, against $471/month on the ground floor.
Ground floor (0 or 1)
$471/month$343 a sq ft to buy · 1,720 flats sold
Floors 2 to 4
$568/month$354 a sq ft to buy · 1,925 flats sold
Floors 5 to 9
$799/month$410 a sq ft to buy · 584 flats sold
Floor 10 or higher
$853/month$398 a sq ft to buy · 407 flats sold
Flat and apartment-style condos with an entry floor listed, closed from October 29, 2025 to October 29, 2026 (Bright MLS).
How condo fees are set
Lenders add the condo fee to your monthly housing payment, so every dollar of fee lowers the price you qualify for. See how much you can qualify for.
Short answer
An $800/month condo fee is $9,600 a year and lowers what you can borrow by about $117,000 at 7.29%. Only 15% of Northern Virginia condos sold in the last 12 months paid $800 or more, but 57% of high-rises did. Whether it fits depends on what it replaces: in towers and older buildings the fee often pays heat, water and staff you would otherwise pay yourself.
Example: a $900,000 budget in a 100-unit building where every unit has the same share is $9,000 a unit a year, or $750/month. In many buildings a bigger unit carries a bigger share (Va. Code § 55.1-1964(D)). If the money runs short during the year, the board can charge every unit an additional assessment, often called a special assessment. It must tell owners in writing the amount, the reason and the due date, and a lump sum cannot be due sooner than 90 days after the notice (Va. Code § 55.1-1964(E)). The board can also borrow for big repairs and reserves.
The owners
Every owner is a member of the unit owners' association and votes to elect the board. Every board meeting is open to owners (Va. Code § 55.1-1949).
The board
Owners elected by the owners. It adopts the budget, sets the fee, orders the reserve study and signs the contracts. A decision made in a closed session only counts once the board votes on it in the open meeting.
The management company
Hired by the board: 61% of condos sold list one among what the fee covers. It drafts the budget, collects fees and gets bids. It carries out the board's decisions; it does not set your fee.
The reserve study
A study at least every 5 years of what the big parts of the building will cost to replace and when. The board reviews it every year and adjusts the budget (Va. Code § 55.1-1965(B)).
No profit: the association belongs to its owners and has no shareholders to pay. The fee pays the building's bills and its savings, and money left at the end of the year belongs to the association, not to a board member or a company. For federal taxes, an association can file Form 1120-H, which lets it leave owners' fees out of its taxable income.
Fees follow costs, so inflation does reach them. In the 124 condo communities with 10 or more sales in each of the last two years, the median fee rose 4.0% in a year, close to overall prices (3.7% in the 12 months to September 2026, BLS). Big jumps usually come from one line of the budget, such as insurance, a reserve study that found the savings too low, or a large repair. The budget shows which.
Over seven years the picture is the same. In the 119 communities with 10 or more sales with a fee in 2019 and in the last 12 months, the median fee rose 29%, about 3.7% a year, while overall prices rose 30%. 62 of them rose less than inflation, 11 rose more than twice as fast, and 5 went down.
Same 124 communities, fee change in a year
Median fee in each community, October 29, 2025 to October 29, 2026 against October 29, 2024 to October 28, 2025 (Bright MLS). "About level" means within half a percent.
The board must give owners the budget or a summary before each fiscal year (Va. Code § 55.1-1965(A)). Compare each line with last year's.
When the study calls for reserves, the budget must show the amount it recommends and the cash on hand (Va. Code § 55.1-1965(C)). A wide gap points to a fee increase or an assessment later.
Meetings are open to owners, and owners who ask get notice of each board meeting (Va. Code § 55.1-1949). Ask how the big contracts were bid.
Contracts, invoices and minutes are open to owners with written notice: 5 business days if a management company runs the association, 10 if it is self-managed. The association can charge reasonable costs (Va. Code § 55.1-1945).
Use the lookup at the top of this page: the same style, the same age, the same area.
The resale certificate answers many of these: the budget, the reserve study or its summary, approved assessments and big repairs, lawsuits and the insurance (Va. Code § 55.1-2310). You get 3 days to read it and cancel; see Before you buy in Virginia.
Size and new construction
Across Northern Virginia, the median studio or 1-bedroom condo sold for $299,900, a 2-bedroom for $410,000 and a 3-bedroom or larger for $530,000. Fewer than 10 sales is marked too few, with the count of sales in brackets.
| Area | Studio or 1 bedroom | 2 bedrooms | 3 or more |
|---|---|---|---|
| Northern Virginia | $299,900 | $410,000 | $530,000 |
| Fairfax County | $290,000 | $390,000 | $525,000 |
| Arlington County | $355,000 | $580,000 | $820,000 |
| City of Alexandria | $292,500 | $420,000 | $675,000 |
| Loudoun County | $299,200 | $405,500 | $570,000 |
| Prince William County | $226,500 | $399,000 | $470,000 |
| City of Fairfax | $220,000 | $295,000 | $351,000 |
| City of Falls Church | $296,000 | $710,000 | too few (7) |
| City of Manassas | $220,000 | $300,000 | $440,000 |
| City of Manassas Park | too few (0) | $335,000 | $466,795 |
Median prices, closed condo sales from October 29, 2025 to October 29, 2026 (Bright MLS).
652 of the 6,651 condos sold were new construction, at a $590,000 median, against $400,000 for resales. 61% of the new ones were in Loudoun and Prince William Counties, and 48% were townhouse-style condos; Arlington had none in this period. A new condo usually has a bigger floor plan and no repairs coming soon, but the builder's budget sets the first condo fees, so ask how the reserve savings will be built up.
Living in a condo
Owning a condo means sharing a building and a budget with your neighbors. Most of the surprises for new owners fit in four moments: the move, daily life, the yearly budget, and the day you rent or sell. Tap each one.
Most elevator buildings ask you to reserve the service elevator or loading dock, set move hours, and many charge a move-in fee or deposit. Ask the management office a week or two ahead.
Have your condo policy (HO-6) in place before settlement. The association insures the building; you insure your walls-in, your things and your liability. Ask for loss assessment coverage too.
Find out whether your space is assigned, deeded, rented or first come, and register your cars. Collect fobs, mailbox and storage keys at settlement or from the office.
Pets, grills on balconies, window coverings, renovations and noise hours are in the rules you got with the resale certificate. Ten minutes now saves a violation letter later.
In a flat you share a ceiling, a floor or both. Top-floor units have no one above, ground-floor units no one below, and corner units share fewer walls. Visit at night before you buy.
Trash goes to a chute, a trash room or a dumpster area. Packages go to a front desk, lockers or your door, depending on the building. Guest parking often needs a pass.
Usually the inside of your unit is yours to fix and the roof, outside walls and shared pipes belong to the association. The condo's declaration draws the exact line, so check it before you call a plumber.
Pools open for the summer season, gyms and party rooms keep hours, and some need a reservation or a key fob.
The board adopts a budget each year, and the condo fee usually moves with it. Ask how much the fee rose in each of the last three years.
Owners elect the board and hear the budget and the reserve plan. You get a vote, and rule changes go through the board.
Roofs, elevators, garages and siding come due on a schedule. A strong reserve pays for them; a thin one can mean a special assessment, a one-time charge split among owners.
Changing floors, walls, plumbing or windows usually needs the association's written approval first. Upper floors often must use sound-blocking underlayment under hard floors.
Many associations cap how many units can be rented, set a minimum lease length or ban short-term rentals. The resale certificate lists the renting rules, so read them before you buy if you might rent later.
When you sell, you or your agent request the resale certificate in writing, and the association must deliver it within 14 days (Va. Code § 55.1-2309). Your buyer then gets the cancel window described below.
Prices since 2019
Since 2019 the median Northern Virginia condo went from $305,000 to $425,000, +39%. Overall prices rose 30% over the same years, so condos beat inflation, but by less than townhouses (+50%) and houses (+51%). Almost all of the rise came by 2024: since then the median moved from $415,000 to $425,000. Condo fees rose 33%, about as fast as prices overall.
Condo median Its 2019 figure grown with inflation
Each year is January 1 to September 30, so 2026 is as complete as the other years. Medians of closed condo sales (Bright MLS): condominium flats and townhouse-style condos, 62,642 sales in all. Townhouses (fee simple) and houses: the same months from my since-2020 study; its Fairfax figures hold the Cities of Fairfax and Falls Church, and its Prince William figures hold Manassas and Manassas Park. Inflation: the Consumer Price Index (CPI-U, U.S. Bureau of Labor Statistics), January to September average. A year with fewer than 10 sales is left out. The last-2-years view uses three-month steps from October 29, 2024 to October 29, 2026.
Selling speed
In the 12 months to October 29, 2026, the median Northern Virginia condo sold in 19 days, up from 13 the year before. 22% sold above the asking price (28% the year before), and about half of buyers, 51%, got a seller credit toward closing costs (median $8,000). On October 30, 2026, 1,921 condos were for sale: about 3.5 months of supply at this year's pace.
| Area | Days on market | Above asking | Got a seller credit | For sale Oct 30 | Supply |
|---|---|---|---|---|---|
| Northern Virginia | 19 days | 22% | 51% · $8,000 | 1,921 | 3.5 months |
| Fairfax County | 19 days | 21% | 47% · $6,633 | 730 | 3.5 months |
| Arlington County | 17 days | 21% | 47% · $6,250 | 311 | 3.5 months |
| City of Alexandria | 17 days | 22% | 46% · $7,000 | 333 | 3.9 months |
| Loudoun County | 19 days | 22% | 54% · $10,338 | 240 | 3.0 months |
| Prince William County | 23 days | 24% | 68% · $10,000 | 210 | 3.3 months |
| City of Fairfax | 24 days | 19% | 48% · $5,600 | 23 | 4.1 months |
| City of Falls Church | 24 days | 12% | 57% · $14,000 | 28 | 4.7 months |
| City of Manassas | 26 days | 28% | 58% · $10,570 | 39 | 3.6 months |
| City of Manassas Park | 35 days | 16% | 79% · $13,000 | 7 | 1.3 months |
Medians, closed condo sales from October 29, 2025 to October 29, 2026; condos for sale (Active) on October 30, 2026 (Bright MLS). Days on market count from the listing to the signed contract. Seller credit shares use only sales that report the credit (6,171 of 6,652). Supply = condos for sale divided by the average month of sales.
23% of condo buyers paid cash, and only 7% used an FHA loan. FHA and VA loans need the condo building on the agency's approved list (or a one-unit approval), so a building that is not approved has fewer buyers. Ask before you buy, and again before you sell. In high-rises, 38% paid cash.
Buyer loan type as listed in Bright MLS, closed condo sales from October 29, 2025 to October 29, 2026. Other loan types (VHDA, private, adjustable) make up the rest.
Are condos a good investment?
The short answer
As a home to live in, a condo is the least expensive way to own in Northern Virginia: a $425,000 median against $650,000 for a townhouse and $960,000 for a house. As an investment, choose the building carefully. So far in 2026, against the same months of 2025, condo prices rose about as much as townhouse prices (+1.2% against +0.8%), but condos took 18 days to sell against 7, fewer sold above asking, there was about 3.2 months of supply against 1.9, and the condo fee takes about 1.4% of the price every year. Over seven years, from 2019 to 2026, condo prices rose 39%: more than inflation (30%), less than townhouses (50%) and houses (51%). See the line.
| Condos | Townhouses | Houses | |
|---|---|---|---|
| Median price, 2026 | $425,000 | $650,000 | $960,000 |
| Change from 2025 | +1.2% | +0.8% | +1.8% |
| Price per sq ft change | -2.0% | -0.6% | +2.1% |
| Median days on market | 18 days | 7 days | 7 days |
| Sold above asking | 23% | 41% | 45% |
| Months of supply | 3.2 months | 1.9 months | 1.8 months |
Closed sales January 1 to October 2, 2026, compared with the same months of 2025; supply uses the homes for sale in early October 2026 (Bright MLS, all 9 Northern Virginia areas). Condos = condominium ownership; townhouses = fee simple; houses = detached, 3 or more bedrooms and 2 or more full baths.
median days on market months of supply
Condo
$6,072/yearA $506/month median fee is about 1.4% of a $422,500 condo, every year.
Townhouse
$1,488/yearA $124/month median HOA is about 0.2% of a $650,000 townhouse.
Part of a condo fee pays for things a townhouse owner pays alone: the roof, the outside walls, the building's insurance, often water. So it is not all extra cost. But it is cash out every month whatever prices do, and it usually rises with the building's budget.
Compare the fee with other condos of the same style and age in the lookup at the top of this page. A fee far above its peers shrinks the buyer pool.
The resale certificate shows the reserve study summary, the budget and any special assessment the board has approved (Va. Code § 55.1-2310). Read it in your 3-day window.
FHA and VA buyers can only buy in approved buildings. Only 7% of condo buyers used FHA and 9% used VA, so an approved building keeps more doors open when you sell.
If you may rent it out later, check the rental rules and any minimum lease term before you buy. A building that limits rentals can be a good home and a poor rental.
Not investment advice: a starting point to plan with. Every building is different, and past prices do not promise future ones.
Rent or own a condo
Loan payment $2,318 Condo fee $506 Property tax $374
Medians for Northern Virginia, October 29, 2025 to October 29, 2026: rent from 3,576 leases, price and fee from 6,559 sales. Owning adds your own insurance (HO-6), and mortgage insurance under 20% down; renting it out also costs insurance, repairs, empty months and a manager if you use one.
Short answer
The median Northern Virginia condo rented for $2,450/month in the last 12 months and sold for $423,000. Owning it with 20% down costs about $3,198/month at 7.29% (loan, condo fee and tax), so renting is cheaper month to month; owning pays down a loan and gains when prices rise. As a rental, it leaves about $1,570/month after the fee and tax, 4.5% a year on the price before insurance, repairs and empty months.
| Area | Rent/month | Price | Fee/month | Left after fee and tax, /month | Rent a year ÷ price | After fee and tax |
|---|---|---|---|---|---|---|
| Northern Virginia | $2,450 | $423,000 | $506 | $1,570 | 7.0% | 4.5% |
| Fairfax County | $2,350 | $380,000 | $517 | $1,468 | 7.4% | 4.6% |
| Arlington County | $2,450 | $475,000 | $574 | $1,459 | 6.2% | 3.7% |
| City of Alexandria | $2,340 | $395,000 | $627 | $1,339 | 7.1% | 4.1% |
| Loudoun County | $2,800 | $508,500 | $385 | $2,074 | 6.6% | 4.9% |
| Prince William County | $2,700 | $440,000 | $400 | $1,956 | 7.4% | 5.3% |
| City of Fairfax | $2,150 | $296,954 | $613 | $1,272 | 8.7% | 5.1% |
| City of Falls Church | $2,900 | $594,000 | $838 | $1,478 | 5.9% | 3.0% |
| City of Manassas | $2,100 | $350,000 | $339 | $1,399 | 7.2% | 4.8% |
Medians, October 29, 2025 to October 29, 2026. Tax = the price times the area's 2026 rate (the rate most homes pay). Areas with fewer than 10 leases are left out. Townhouse-style condos rented for $2,950/month against $2,300 for flats, and their lower fee left more: 4.9% a year after the fee and tax against 4.4%.
The condo documents can set a minimum lease, a cap on how many units rent, or a waiting list. The resale certificate lists the rules; read them in your 3-day window before you count on rent.
The tenant pays rent; the association bills the owner. If the fee rises, your rent left over shrinks unless the rent rises too.
Insurance, repairs, empty months, a manager and your loan change the picture. The rental profit simulator runs them, worst case to best.
Open the rental profit simulator
Not investment advice: a starting point to plan with.
Condo communities
These had the most condo sales from October 29, 2025 to October 29, 2026. Tap a name to open its prices, fee and what the fee covers in the lookup at the top. Every community with 10 or more sales is in the lookup: 432 of them.
| Community | Area | Sales | Median price | Median fee/month | Built |
|---|---|---|---|---|---|
| Alexandria | 64 | $362,500 | $578 | 1941 | |
| Arlington | 57 | $538,000 | $475 | 1944 | |
| Prince William | 52 | $529,828 | $442 | 2026 | |
| Fairfax County | 49 | $475,000 | $819 | 1978 | |
| Prince William | 47 | $515,696 | $400 | 2026 | |
| Prince William | 46 | $488,735 | $304 | 2025 | |
| Alexandria | 46 | $354,500 | $1,050 | 1975 | |
| Fairfax County | 45 | $363,000 | $562 | 1968 | |
| Loudoun | 45 | $699,000 | $343 | 2025 | |
| Loudoun | 43 | $700,000 | $305 | 2026 | |
| Prince William | 43 | $525,000 | $381 | 2026 | |
| Fairfax County | 42 | $325,000 | $382 | 2005 | |
| Fairfax County | 40 | $617,932 | $275 | 2024 | |
| Alexandria | 38 | $602,250 | $507 | 2001 | |
| Fairfax County | 38 | $621,948 | $355 | 2026 | |
| Prince William | 37 | $440,000 | $400 | 2009 | |
| Loudoun | 34 | $387,500 | $896 | 2004 | |
| Loudoun | 34 | $692,490 | $420 | 2025 | |
| Fairfax County | 33 | $470,000 | $918 | 1982 | |
| Fairfax County | 33 | $599,990 | $381 | 2025 |
Communities are named as listed in Bright MLS (Subdivision/Neighborhood). Built is the median year built of the units sold. A community uses the latest 12 months when it had 10 or more sales then, otherwise the full two years, October 29, 2024 to October 29, 2026; the lookup says which.
Before you buy
A condo comes with a second contract: the association's documents. Virginia gives you time to read them. These are the steps I walk every condo buyer through.
In Virginia the seller orders a resale certificate from the association. Under the Resale Disclosure Act it includes the governing documents and rules, the fee and how often it is paid, any special assessments, the reserves and the reserve study, the budget, pending lawsuits, the insurance the association carries and what you must buy yourself, parking rules and any limits on renting your unit (Va. Code § 55.1-2310).
If you get the certificate before the contract is ratified, you can cancel within 3 days of ratification unless the contract sets another period. If you get it after, you have 3 days from receiving it. If it is never delivered, you can cancel any time before settlement. Cancel in writing, as the contract says; your deposit comes back (Va. Code § 55.1-2312).
A fee that looks low can mean the savings for roofs, elevators and garages are thin, and a special assessment can follow. The certificate shows the reserve balance, the reserve study and the big repairs approved for this year and next.
FHA and VA loans need the condo project, or the single unit, to be approved. The certificate lists approvals from the mortgage agencies the association knows of, and your lender can check the HUD and VA lists. Bring this up before you write the offer, not after.
The association insures the building; you insure what its policy leaves out, usually with a condo policy (HO-6). The certificate says whether owners can be charged part of the association's deductible after a claim.
Renting limits, parking, pets, signs and home businesses are set by the association. If you might rent the condo out later, check the renting rules first.
Virginia Code § 55.1-2310 and § 55.1-2312, read at law.lis.virginia.gov on October 30, 2026. The contract can set a different cancel period; your contract and a real estate attorney have the final word.
Selling a condo
Selling a condo has two extra steps a house sale does not: the association's paperwork and a buyer who compares your fee as closely as your price.
As the seller, you or your agent ask the association for it in writing. It must arrive within 14 days of the request (Va. Code § 55.1-2309), and the buyer's 3-day cancel clock runs from when they get it, so ordering it before you list keeps the contract on track.
Buyers compare your unit with the last sales in the same community and the same style. Use the lookup at the top of this page for your community's median and fee, then ask for the actual recent sales.
If your fee includes heat, water or parking, say so in the listing. A buyer comparing a $550/month fee with a $388/month fee needs to know which one replaces a utility bill.
The condo fee is split at settlement by the day, and the certificate fee and any capital contribution show up on the settlement statement. The seller net sheet lists every line.
Questions
The median Northern Virginia condo sold for $422,500 in the 12 months from October 29, 2025 to October 29, 2026, across 6,651 closed sales in Bright MLS. By area the medians ran from $296,954 in the City of Fairfax to $600,000 in the City of Falls Church.
The median condo fee was $506 a month (condo fee plus any HOA fee) in the 12 months from October 29, 2025 to October 29, 2026; the middle half paid $390 to $681 a month. By area: Fairfax County $517/month, Arlington County $574/month, City of Alexandria $626/month, Loudoun County $390/month, Prince William County $400/month, City of Fairfax $613/month, City of Falls Church $846/month, City of Manassas $340/month, City of Manassas Park $304/month.
Most often trash (87% of sales), snow removal (79%), common areas (73%) and water (68%). About half also cover the outside of the building, a pool, sewer and savings for big repairs. 29% included building insurance. Older buildings often include heat or electricity. The resale certificate lists exactly what one building's fee covers.
Yes. Lenders count the monthly condo fee with the mortgage payment, taxes and insurance when they work out what you can borrow. At about 7% for a 30-year fixed loan, every $100 a month in condo fees takes the room of about $15,000 of loan.
Yes. In Virginia, if you receive the resale certificate before the contract is ratified you can cancel within 3 days of ratification; if you receive it after, within 3 days of receiving it, unless the contract sets another period. If it is never delivered, you can cancel before settlement. Notice goes in writing as the contract says, and your deposit is returned (Va. Code § 55.1-2312).
As a home, a condo is the least expensive way to own here: a $425,000 median from January 1 to October 2, 2026, against $650,000 for a townhouse and $960,000 for a house. As an investment, choose the building carefully: condo prices changed +1.2% from the same months of 2025 (townhouses +0.8%, houses +1.8%), but condos took a median 18 days to sell against 7 for townhouses and houses, and there were about 3.2 months of condos for sale against 1.9 for townhouses. The median condo fee, $506 a month, is about 1.4% of the price each year.
The median condo sold in 19 days in the 12 months from October 29, 2025 to October 29, 2026, up from 13 days the year before. 22% sold above the asking price, and 51% of buyers got a seller credit (median $8,000). On October 30, 2026, 1,921 condos were for sale, about 3.5 months of supply.
It is high for Northern Virginia overall: only 15% of condos sold in the 12 months from October 29, 2025 to October 29, 2026 paid $800/month or more. But 57% of high-rise flats did, where the fee often pays heat, water, elevators and staff. $800/month is $9,600 a year and lowers what you can borrow by about $117,000 at 7.29%. Compare it with condos of the same style, age and area, and check what it covers.
The association's executive board, elected by the owners, adopts the budget and sets the fee. Each unit pays its share as the condo documents set it, by votes or by its percentage of the common elements (Va. Code 55.1-1964). The board must update a reserve study at least every 5 years and give owners the budget or a summary before each fiscal year (Va. Code 55.1-1965). If money runs short, it can charge an additional assessment with written notice; a lump sum cannot be due sooner than 90 days after the notice.
In the 124 Northern Virginia condo communities with 10 or more sales in each of the last two years, the median fee rose 4.0% in a year, close to overall prices (3.7% in the 12 months to September 2026). 87 of them went up, 33 by 10% or more. Over seven years, in the 119 communities with 10 or more sales with a fee in 2019 and in the last 12 months, the median fee rose 29%, about 3.7% a year, against 30% for overall prices.
From January to September 2019 to the same months of 2026, the median Northern Virginia condo went from $305,000 to $425,000, up 39%. Overall prices rose 30% over those years, townhouses 50% and houses 51%. Most of the rise came by 2024. By area, condos rose the least in Arlington (+13%) and the most in Prince William County (+60%).
The median Northern Virginia condo lease signed from October 29, 2025 to October 29, 2026 was $2,450 a month, the same as the year before: about $1,995 for 1 bedroom, $2,500 for 2 and $3,000 for 3 or more. For an owner who rents it out, the median rent less the median condo fee ($506) and property tax (about $374) leaves about $1,570 a month, 4.5% a year on the median price, before insurance, repairs and empty months.
No. With a townhouse-style condo you own your unit and a share of everything else; the association usually owns and maintains the roof, outside walls and land. That is why its fee is higher: a $393/month median, against a $124/month median HOA for a fee-simple townhouse over the same 12 months.
Where the numbers come from
Prices, fees, sizes and communities come from my own Bright MLS export of closed condo sales, pulled on October 30, 2026: 10 files, 13,625 closed sales with condominium ownership (no co-ops) in Fairfax, Loudoun, Prince William and Arlington Counties and the Cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park, closed from October 29, 2024 to October 29, 2026.
The main period is the latest 12 months, October 29, 2025 to October 29, 2026 (6,651 sales). The year before, October 29, 2024 to October 28, 2025, had 6,974 sales. The condo fee is the condo fee plus any HOA fee, both turned into a monthly amount (quarterly divided by 3, yearly by 12). Left out of the 12-month fee figures: 33 sales with no usable fee (none listed, an unknown or one-time frequency, or a clear typo such as a $478,000/month condo fee). Fewer than 10 sales is too few for a median.
Selling speed comes from a second export the same day: the same closed condo sales with their asking price, days on market, seller credit ("Concessions Final") and the buyer's loan type (13,626 sales), plus every condo for sale on October 30, 2026 (2,560 listings: active, coming soon, under contract and pending). A blank seller credit means the listing did not report one, not $0, so credit shares use only sales that report it.
The condo, townhouse and house comparison uses my early-October 2026 export of every Northern Virginia sale, closed January 1 to October 2 of 2025 and of 2026, and the homes for sale when I pulled it.
How condo fees are set: the fee spread, the share paying $800/month or more and the change in the same communities come from the same closed sales (communities with 10 or more sales with a fee in each of the two years). Inflation: the Consumer Price Index for all urban consumers, 12 months to September 2026 (U.S. Bureau of Labor Statistics). The rules come from the Virginia Condominium Act and the Resale Disclosure Act (Va. Code §§ 55.1-1945, 55.1-1949, 55.1-1964, 55.1-1965 and 55.1-2310), read on the Virginia Law Portal on October 30, 2026.
Prices since 2019: a third export, 50,156 closed condo sales from January 1, 2019 to October 28, 2024 (34 files, filter "Condo/Coop Association", which may hold a few co-ops), joined with the files above; flats and townhouse-style condos only (62,642 sales in all). Each year is January 1 to September 30. Fee change in the same communities over seven years: communities with 10 or more sales with a fee in 2019 and in the last 12 months. Inflation over seven years: CPI-U, January to September average, read from the St. Louis Fed (FRED, series CPIAUCNS) on October 30, 2026.
Rents: a fourth export, 7,259 closed condo leases from October 29, 2024 to October 29, 2026 (9 files). Rent is the monthly rent the lease closed at; 80 leases with a rent under $500 or over $20,000 a month (typos) or a detached or "other" structure were left out. Tax in the rent section is the price times the rate most homes pay in each area in 2026, from my property tax pages.
No addresses, unit numbers or map points from any export are on this page.
Please note
The figures are medians of past sales, not a price or fee for any one condo; a building's current fee is in its resale certificate. This page is general information for buyers, not legal, tax, lending or insurance advice. Talk with your agent, your lender and, where needed, a real estate attorney before you sign.
