Housing Insights for ZIP Code 20121 (Centreville, VA)

Housing Summary for ZIP Code 20121

Homeowners

The median home value in ZIP Code 20121 (Centreville, VA) is $378,200. Approximately 62.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.3%.

The average occupancy of owner-occupied units in ZIP Code 20121 is 3.12 occupants, while owner-occupied units have an aggregate average size of 2.86 bedrooms per housing unit.

Renters

In the 20121 ZIP Code, an estimated 37.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.5%.

Among renter-occupied units in this ZIP, the average occupancy is 3.00 occupants, while renters in this Fairfax County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 20121

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 20121.

ZIP 20121 Virginia U.S.
Median Home Value $378,200 $400,272 $361,498
Owner-Occupied Housing Units 62.8% 66.3% 64.0%
Homeowner Vacancy Rate 0.3% 1.5% 1.6%
Average Size of Owner-Occupied Unit 3.12 2.67 2.70
Average # of Bedrooms Per Unit 2.86 2.97 2.75
Median Housing Rent $0 $1,234 $1,062
Renter-Occupied Housing Units 37.2% 33.7% 36.0%
Rental Vacancy Rate 2.5% 5.4% 6.0%
Average Size of Renter-Occupied Unit 3.00 2.48 2.49
Percent of Income Spent on Rent 0% 29.45% 29.83%

Home Values in ZIP Code 20121 (Centreville, VA)

The median home value in ZIP Code 20121 is $378,200. That median value is about 38% higher than the median home value of $273,100 in Virginia overall, and is 74% higher than the $217,500 the median home value in the entire U.S. Approximately 62.6% of homes in ZIP Code 20121 are valued $300,000 to $499,999. That is 154% higher than in the state ofVirginia, where 24.6% of homes are valued at $300,000 to $499,999, and is about 224% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 20121 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 20121

This chart visualizes the breakdown of home values in ZIP Code 20121, Virginia, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 20121 vs. home values in both the state of Virginia and in the U.S. overall.

Home Values in ZIP Code 20121

See the table below for a regional comparison of home values in ZIP Code 20121.

Home Value ZIP 20121 Virginia U.S.
Less than $50,000 0.9% 4.3% 6.9%
$50,000 to $99,999 0.0% 6.7% 12.0%
$100,000 to $149,999 0.4% 9.7% 13.3%
$150,000 to $199,999 4.4% 13.0% 14.0%
$200,000 to $299,999 10.1% 21.7% 19.6%
$300,000 to $499,999 62.6% 24.6% 19.3%
$500,000 to $999,999 21.1% 17.1% 11.4%
$1,000,000 or more 0.4% 2.9% 3.4%

Home Ages in ZIP Code 20121 (Centreville, VA)

Approximately 41.1% of homes in this Centreville, VA region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 20121 is about 160% higher than percentage of homes built in this time period in Virginia overall (15.8% of homes), and is 196% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 36.4% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this Fairfax County ZIP Code were built in 1940 to 1949 in ZIP Code 20121. In comparison, 4.4% of homes in Virginia overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 20121

A detailed regional comparison of home ages in ZIP Code 20121.

Year Built ZIP 20121 Virginia U.S.
2014 or later 0.1% 2.6% 2.5%
2010 to 2013 1.9% 3.2% 2.7%
2000 to 2009 7.2% 15.2% 14.0%
1990 to 1999 41.1% 15.8% 13.9%
1980 to 1989 36.4% 16.4% 13.4%
1970 to 1979 10.1% 15.7% 15.2%
1960 to 1969 1.6% 10.6% 10.6%
1950 to 1959 1.1% 8.8% 10.3%
1940 to 1949 0.0% 4.4% 4.9%
1939 or earlier 0.6% 7.4% 12.6%

Age of Homes in ZIP Code 20121

See the chart below for details on the age of homes in ZIP Code 20121, Virginia, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 20121

Frequently asked questions about housing in this Centreville, VA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 20121.

1

What is the average home value ZIP Code 20121?

The median home value in ZIP Code 20121 (Centreville, VA) is $378,200.
2

Are homes expensive in ZIP Code 20121?

The median home value in 20121 ($378,200) is an estimated 38% higher than the aggregate median value of $273,100 in Virginia, and is 74% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 20121?

The vacacy rate for owner-occupied housing in ZIP Code 20121 is 0.3%. This rate is 80% lower than the overall Virginia owner-occupied vacancy rate of 1.5%. Additionally, the 20121 vacancy rate is 81% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 20121 have older homes or newer construction?

In ZIP Code 20121, about 41.1% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 36.4% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 20121 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 20121? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 20121 than renter-occupied housing. Owner-occupied units make up 62.8% of housing, compared to 37.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 20121?

The vacacy rate for rental units in ZIP Code 20121 is 2.5%. This rate is 54% lower than the overall Virginia vacancy rate of 5.4%. Additionally, the 20121 vacancy rate is 58% lower than the entire U.S. vacancy rate of 6.0%.