Real Estate
[HIDDEN GEMS] Highest Appreciated Centreville Neighborhoods
Why location matters. Check out the Centreville neighborhoods with the highest annual appreciation! Is your neighborhood on the list?
With low inventory of homes in Northern Virginia and high demand, home prices continue to rise and in some neighborhoods the home prices are exploding! Check out these hottest Centreville neighborhoods with the biggest year over year median sold price increase over the past year. If you are thinking about selling your home and live in one of these neighborhoods, there are a ton of buyers ready to purchase! When you sell your home with substantial appreciation, you may qualify to exclude up to $250,000 of that capital gain from your taxes. This total increases to $500,000 if you file a joint return with your spouse!
In the past two years, 2074 properties have sold in Centreville ranging from a 2-bed, 1-bath condo for $160,000 to a 5-bed, 7.2-bath detached for $1,399,990. Click here to sign up for my free monthly real estate market update to stay current on the latest real estate market trends in your neighborhood.
Hottest Centreville Neighborhoods by Appreciation
In the past two years, a total of 2074 homes sold in Centreville with a median sold price of $403,000 and median days on market of 8. These were the hottest Centreville neighborhoods, where the 2019 median home sale price increased over the 2018 median home sale price.
| Neighborhood: | Centreville Farms |
| Type: | Detached |
| 2019 Sold Price: | $1,145,000 |
| 2018 Sold Price: | $700,000 |
| % Increase: | 64% |
| Neighborhood: | Cabells Mill |
| Type: | Detached |
| 2019 Sold Price: | $654,800 |
| 2018 Sold Price: | $539,000 |
| % Increase: | 21% |
| Neighborhood: | Pendleton Park |
| Type: | Townhome |
| 2019 Sold Price: | $420,000 |
| 2018 Sold Price: | $370,000 |
| % Increase: | 14% |
| Neighborhood: | Newgate |
| Type: | Detached |
| 2019 Sold Price: | $515,000 |
| 2018 Sold Price: | $460,000 |
| % Increase: | 12% |
| Neighborhood: | Green Trails |
| Type: | Townhome |
| 2019 Sold Price: | $370,000 |
| 2018 Sold Price: | $335,000 |
| % Increase: | 10% |
| Neighborhood: | Heritage Estates |
| Type: | Townhome |
| 2019 Sold Price: | $405,000 |
| 2018 Sold Price: | $366,750 |
| % Increase: | 10% |
| Neighborhood: | Lee Overlook |
| Type: | Townhome |
| 2019 Sold Price: | $417,000 |
| 2018 Sold Price: | $377,750 |
| % Increase: | 10% |
| Neighborhood: | Winding Ridge |
| Type: | Townhome |
| 2019 Sold Price: | $389,500 |
| 2018 Sold Price: | $357,000 |
| % Increase: | 9% |
| Neighborhood: | London Commons |
| Type: | Townhome |
| 2019 Sold Price: | $339,500 |
| 2018 Sold Price: | $312,000 |
| % Increase: | 9% |
| Neighborhood: | Sequoia Farms |
| Type: | Detached |
| 2019 Sold Price: | $571,500 |
| 2018 Sold Price: | $530,000 |
| % Increase: | 8% |
| Neighborhood: | Centre Ridge Land Bay |
| Type: | Townhome |
| 2019 Sold Price: | $415,000 |
| 2018 Sold Price: | $384,000 |
| % Increase: | 8% |
| Neighborhood: | Heritage Crossing |
| Type: | Townhome |
| 2019 Sold Price: | $366,000 |
| 2018 Sold Price: | $340,000 |
| % Increase: | 8% |
| Neighborhood: | Madison Ridge |
| Type: | Condo |
| 2019 Sold Price: | $220,000 |
| 2018 Sold Price: | $203,500 |
| % Increase: | 8% |
| Neighborhood: | Gate Post Estates |
| Type: | Detached |
| 2019 Sold Price: | $617,500 |
| 2018 Sold Price: | $574,500 |
| % Increase: | 7% |
| Neighborhood: | Crofton Commons |
| Type: | Townhome |
| 2019 Sold Price: | $365,000 |
| 2018 Sold Price: | $340,000 |
| % Increase: | 7% |
| Neighborhood: | London Towne |
| Type: | Townhome |
| 2019 Sold Price: | $345,000 |
| 2018 Sold Price: | $323,900 |
| % Increase: | 7% |
| Neighborhood: | Fairlakes Crossing |
| Type: | Detached |
| 2019 Sold Price: | $787,500 |
| 2018 Sold Price: | $744,990 |
| % Increase: | 6% |
| Neighborhood: | Faircrest |
| Type: | Detached |
| 2019 Sold Price: | $733,000 |
| 2018 Sold Price: | $692,450 |
| % Increase: | 6% |
| Neighborhood: | Winchester At Faircrest |
| Type: | Townhome |
| 2019 Sold Price: | $600,000 |
| 2018 Sold Price: | $564,500 |
| % Increase: | 6% |
| Neighborhood: | Little Rocky Run |
| Type: | Townhome |
| 2019 Sold Price: | $387,670 |
| 2018 Sold Price: | $366,500 |
| % Increase: | 6% |
| Neighborhood: | Woodgate Crossing |
| Type: | Townhome |
| 2019 Sold Price: | $401,000 |
| 2018 Sold Price: | $378,000 |
| % Increase: | 6% |
| Neighborhood: | Clifton Townes |
| Type: | Townhome |
| 2019 Sold Price: | $381,500 |
| 2018 Sold Price: | $360,000 |
| % Increase: | 6% |
| Neighborhood: | Virginia Run |
| Type: | Detached |
| 2019 Sold Price: | $680,000 |
| 2018 Sold Price: | $650,000 |
| % Increase: | 5% |
| Neighborhood: | Confederate Ridge |
| Type: | Detached |
| 2019 Sold Price: | $604,944 |
| 2018 Sold Price: | $575,000 |
| % Increase: | 5% |
| Neighborhood: | Country Club Manor |
| Type: | Detached |
| 2019 Sold Price: | $495,000 |
| 2018 Sold Price: | $471,500 |
| % Increase: | 5% |
Annual Appreciation for the Northern Virginia Cities
Northern Virginia remains one of the hottest real estate markets in the country with low inventory, low days on market and rising sales prices. The table below compares the median sales price for the for first 11 months of sales for 2018 against 2019 to show the appreciation for some of the most popular Northern Virginia neighborhoods. The cities of Arlington and Falls Church both experienced tremendous year over year increases in the median sales price. In this hot real estate market, this presents an incredible opportunity to sell your home quickly for top dollar!
Find out what's happening in Centrevillefor free with the latest updates from Patch.
| City | 2019 Sold Price (MED) | 2018 Sold Price (MED) | % Change |
| Alexandria | $500,000 | $487,500 | 3% |
| Annandale | $555,500 | $534,900 | 4% |
| Arlington | $606,000 | $555,000 | 9% |
| Ashburn | $525,000 | $504,000 | 4% |
| Centreville | $415,000 | $392,000 | 6% |
| Chantilly | $510,000 | $507,450 | 1% |
| Dumfries | $385,000 | $360,000 | 7% |
| Fairfax | $540,000 | $534,667 | 1% |
| Falls Church | $578,005 | $535,000 | 8% |
| Fredericksburg | $304,250 | $290,000 | 5% |
| Herndon | $530,000 | $511,250 | 4% |
| Leesburg | $505,000 | $495,000 | 2% |
| Manassas | $355,000 | $335,000 | 6% |
| McLean | $940,000 | $905,000 | 4% |
| Reston | $440,000 | $425,000 | 4% |
| Springfield | $510,000 | $475,000 | 7% |
| Sterling | $420,000 | $415,000 | 1% |
| Vienna | $784,250 | $778,500 | 1% |
| Woodbridge | $337,500 | $324,000 | 4% |
About Peggy Yee
Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $180 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in Centreville with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.
* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.