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Real Estate

[Reston Rankings] Top 5 Least Expensive Neighborhoods

See the latest rankings of the most affordable neighborhoods in Reston. Is your neighborhood on the list?

Although home values in Northern Virginia are on the rise, you can still find some great budget-friendly neighborhoods in Reston. In the past 30 days, 124 properties have sold in Reston ranging from a 1-bed, 1-bath condo for $124,000 to a 3-bed, 3-bath condo for $1,048,000. The average sold price was $472,706.

Top 5 Lowest Price Reston Neighborhoods for Detached Homes

In the past 12 months, a total of 256 single family detached homes sold in Reston for an average sold price of $721K. These were the least expensive Reston neighborhoods with at least 6 sales.
Subdivision Sold (Ave) Highest Lowest % Lower
Stratton Woods $545,856 $635,000 $445,000 -24%
Polo Fields $669,486 $735,000 $508,000 -7%
Reston $708,006 $1,450,000 $320,250 -2%
Fox Mill Woods $744,133 $800,000 $675,000 3%
Ascot $815,800 $850,000 $774,900 13%

Top 5 Lowest Price Reston Neighborhoods for Townhomes

In the past 12 months, a total of 600 townhouses sold in Reston for an average sold price of $484K. These were the least expensive Reston townhouse neighborhoods.
Subdivision Sold (Ave) Highest Lowest % Lower
Hunters Square $337,600 $360,000 $310,000 -30%
Glade At Hunters Woods $346,643 $360,000 $325,000 -28%
Deepwood $414,633 $448,000 $362,000 -14%
Generation $429,071 $482,500 $381,000 -11%
Reston $483,828 $1,025,000 $157,000 0%

Top 5 Lowest Price Reston Neighborhoods for Condos

In the past 12 months, a total of 434 condos sold in Reston for an average sold price of $315K. These were the least expensive Reston condo communities.
Subdivision Sold (Ave) Highest Lowest % Lower
Vantage Hill $187,809 $250,000 $155,000 -41%
Shadowood $196,719 $216,000 $157,000 -38%
Northgate $215,924 $282,000 $150,500 -32%
Southgate $218,278 $265,000 $160,000 -31%
Hunters Woods Village $219,636 $245,000 $155,000 -30%

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Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

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