Falls Church City VA Real Estate For Sale
The smallest independent city by area in Virginia, Falls Church covers only 2.2 square miles of land. In fact, it is popularly known as the smallest city in the entire nation. Within its bounds however, are over 12,000 residents, making it a prime search target for real estate. Why do so many people come to a micro-city city at the far northern reaches of the commonwealth? The answer lies in a hybrid of historical and modern charm, including beautiful homes, condos, nationally recognized schools and an overall high quality of living. Read more about Falls Church City real estate for sale.
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More About Falls Church City Real Estate For Sale
Falls Church, VA was originally home to members of the Algonquian-speaking tribes of Virginia Indians. English settlers began migrating to the region during the late 1600’s. A wooden church known as the Falls Church was built along a popular tobacco road in 1733. The church’s brick meeting house, built in 1769, still stands today and is preserved through the National Register of Historic Places. While there are still some antique buildings, the majority of residential development began in the 1930’s, with many single-family homes built in an especially busy construction boon in the 1950’s. The high-rise condos that dot the landscape tend to be of a more recent vintage.
The median home sales price in Falls Church, Virginia is $446,500 according to Trulia. This indicates a sharp increase of 11.7% for the August to October quarter of 2012. Sales prices are still lagging behind list prices and median values, indicating a continued buyers market. There are about 57% single-family homes to 40% condos with a relatively small rental market. There is a fairly small but viable market for foreclosures and short sales as a result of the recent national economic downturn.
Falls Church is known for a stable economy with many residents commuting to work in other parts of the DC metro area. Regardless, real estate prices are less than they were at the height of the 2000’s boom, adding to the allure for new home buyers. Local points of interest include the State Theater which opened as a movie house in 1936 and now offers live entertainment. Other popular attractions include the Washington and Old Dominion Trail, city parks including Berman, Big Chimneys and Cavalier Trail, the historic Cherry Hill Farmhouse, and of course, the city’s namesake, the Historic Falls Church.
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Listing information last updated on December 19th, 2018 at 9:04am EST.