Summary answer: Most likely yes — Centreville has seen sustained, if moderating, appreciation since 2023, supported by tight supply and consistent Dulles-corridor employment demand. Single-family and townhome owners have generally seen the most consistent gains; condo owners have likely seen more modest appreciation given the segment's typically slower price growth.
I'm Johnny with JQ Real Estate. Let me break down what's actually happened since 2023.
The general trajectory since 2023
| Period | General Trend |
|---|---|
| 2023–2024 | Steady appreciation, moderating pace as rates rose |
| 2025 | Continued growth, supported by tight inventory |
| 2026 (current) | Gradual stabilization, modest continued growth as rates ease |
Why property type affects your specific answer
Single-family homes, averaging over $850,000 currently, have generally appreciated more consistently than condos, which sit closer to $330,000 and see more variable demand tied to entry-level buyer conditions.
What this means by community
- Virginia Run and Sully Station owners — likely seeing the strongest, most consistent appreciation given sustained premium demand
- Centre Ridge owners — solid appreciation given consistent first-time buyer demand
- Condo owners — likely more modest gains, worth checking your specific numbers
How to actually find out where you stand
- Pull your specific community's recent comparable sales
- Compare against your original purchase price and any updates you've made
- Get a current comparative market analysis rather than relying on an automated estimate
Let's find out exactly where your home stands
Reach out and let's get you a real answer.
For more Centreville buyer and seller questions, visit our Centreville real estate hub.