Home Insurance in Fairfax, Virginia
With a median home value of $722,600, Fairfax is close to the Fairfax city median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Fairfax was built around 1967. About 31% of homes were built before 1960, in line with Fairfax city (31%).
In Fairfax, the housing stock is 71% single-family homes and 26% apartments in buildings with 5+ units.
71% of owner-occupied homes in Fairfax carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Fairfax has an owner-occupancy rate of 70% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
57% of homes in Fairfax are primarily heated with natural gas.
FEMA rates Fairfax city's overall risk as Very Low, led by hurricane (Relatively Low). Fairfax city had 576 active NFIP flood policies as of September 2026. See the full Fairfax city home insurance overview for all FEMA hazard ratings and flood coverage details.
In Virginia, the statewide average premium for a standard HO-3 homeowners policy is $1,537 per year (NAIC, 2023 data).
Key figures
| Median home value | $722,600 |
|---|---|
| Median year built | 1967 |
| Owner-occupied share | 70% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Fairfax city | 576 |
| Home insurance premium | $1,537 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)