Great Falls, VA Real Estate

According to census data in the year 2000 there were 2,827 housing units in Great Falls. This represents a 22.5% growth from 2,308 in 1990.

Of those housing units, 1,830 were located in either urbanized areas or urban clusters, and 997 were located in what is classified as a rural area.

Homeownership rate in Great Falls is about 95.4%. Great Falls's vacancy rate, including seasonal lodging, is about 2%. Average household size is 3.09 people.

The majority of houses, apartments or condos in Great Falls were built after 1979.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms3.10%
Three Bedrooms14.60%
Four Bedrooms51.60%
Five Bedrooms or more30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.1
Median year structure was built1979
Median Value of occupied units$596,100
Median Price asked for vacant units$875,000

Rented Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage11.90%
Home Equity Loan10.30%
Simple Mortgage59.40%
Debt Free17.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%