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Innovation, VA Home Values and Rents

Home values, rents and price trends for Innovation, Virginia.

No home value data for this area yet

The Census Bureau does not publish a reliable median home value for every small place. Try the county or a nearby city.
Median rent
$1,757/mo
ACS 2020-2024
Price change, 1 year
+2.9%
County index, 2025
Homeownership
0.0%
VA: 67.3%

Home sale prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV area

Zillow median sale price, Sep 2026

$540,784-1.0% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Prince William County home price trend

FHFA annual House Price Index for Prince William County, 2000 = 100, compared with Virginia

Prince William CountyVirginia
Show as a table
PeriodPrince William County
2025316
2024307
2023283
2022267
2021240
2020214
2019206
2018200
2017193
2016184
2015179
2014174
2013163
2012153
2011149
Beta

Over five years, Prince William County prices changed +47.4%, compared with +37.3% for Virginia.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
120109$421,100$2,022+3.3%+44.9%

Fair Market Rents, FY2027

HUD rent standard for Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

VA rents
Unit sizeMonthly rentvs FY2026
Studio$2,111+8.1%
1 bedroom$2,204+9.4%
2 bedrooms$2,438+8.5%
3 bedrooms$3,107+9.6%
4 bedrooms$3,658+9.8%

Frequently asked questions

How much is rent in Innovation?
The median rent in Innovation is $1,757 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,438.
Are home prices going up in Innovation?
Home prices in Prince William County changed +2.9% over one year and +47.4% over five years, as of 2025.
Which ZIP code in Innovation has the highest home values?
ZIP code 20109 has the highest median home value at $421,100.