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Vienna Real Estate

In July of 2005, CNN/Money and Money magazine ranked the town of Vienna, Virginia, fourth on its list of the 100 best places to live in the United States. This came as no surprise to local residents, who enjoy a high quality of life, plentitude of jobs, historic sites, excellent schools, and a variety of housing. Vienna today is valued for its jobs and schools. Major employers are giant corporations like IBM, AOL, and Capital One. Moreover, as part of the Fairfax County Public School System, Vienna residents can send their children to what are consistently rated among the best in the nation, with many special academic programs, high test scores and excellent graduation rates.

Local residents boast that their community offers character lacking in other D.C. suburbs, and with some right. While most communities in Fairfax County are recently developed, Vienna is a much prized piece of ground with significance dating back to the Civil War. An active historical society is run out of the antebellum Freeman House, which served as a makeshift Civil War hospital and later as a post office, a general store and a train depot. The original Fairfax County Courthouse marks the first European settlement in the Vienna area. Street names such as Old Courthouse Road and Lawyers Road still reflect that origin.

Until the 1940s, Vienna was a small, quiet, rural town with just over 1,000 residents. That changed a decade later when a rush to the suburbs brought a burgeoning of population to Northern Virginia, almost 10,000 new residents to Vienna alone, their new houses blending with those of an earlier era.

Today, shopping centers, restaurants, night life venues, and new housing abound. Nevertheless, despite these changes, residents like to think that they have preserved many of the traditions and institutions that give Vienna the feeling of a “small town."

As more people move into Vienna, the price of homes has risen. In the past years alone it has doubled. Now established homes can be had for $500,000, but new construction goes upwards of $700,000. The median house price is about $400,000, and half of sold homes range in the $330,000 to $490,000 bracket. Most of what is available are homes built since the 1960s, of medium size, in condo complexes and high rises. Most real estate in Vienna is owner occupied, although some rental units are available.

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