Commercial Real Estate Market in Falls Church, VA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
162 active listings and 1,384 off-market properties in Falls Church, VA. Commercial property asks $339/SF to buy and $29.38/SF/Yr to lease.
Market Trends
Falls Church, VA spans 18.7 square miles in Loudoun County, Virginia. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Falls Church, VA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Falls Church, VA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Falls Church, VA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Falls Church, VA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Falls Church, VA has 120,950 residents in 47,279 households. Density runs 6,456 people per square mile. Median household income here is $129,091 and median gross rent $2,072 a month.
120,950
Population
47,279
Households
2.6
Avg Household Size
37
Median Age
59%
College-Educated
88%
High-School Grad
18.7 sq mi
ZIP Area
6,456
Density / Sq Mi
$129,091
Median Household Income
$63,716
Median Earnings
$2,072
Median Rent
$706,344
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dunn Loring | — | — |
| Vienna | — | $24.38 |
| Merrifield | — | — |
| Mc Lean | — | $30.31 |
Commercial property in Falls Church, VA asks $339/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Falls Church?
Commercial property in Falls Church, VA asks an average of $339 per square foot. The 5 most recent recorded sales traded at a median of $251/SF, so asking sits 35% above the achieved median.
How much does it cost to lease commercial space in Falls Church?
Asking lease rates in Falls Church, VA average $29.38 per square foot per year.
Where does Realmo's Falls Church market data come from?
Realmo compiles Falls Church, VA figures from 6 recent recorded sales, 84 active sale listings, 78 active lease listings, 1,384 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 84 active for-sale and 78 active for-lease listings in Falls Church, VA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
