The typical owner-occupied home in Dunn Loring is worth about $951,400, 2.5 times the Virginia median of $383,700 and 2.9 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.05% of their home's value, higher than the Virginia rate of 0.73%. The median household earns $244,265 a year, so the median home costs 3.9 times the median income (4.1 times for Virginia). 93% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Dunn Loring at a glance
| Dunn Loring | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $951,400 | $383,700 | $332,700 |
| Median property tax paid per year | $10,001 | $2,790 | $3,119 |
| Property tax as a share of value | 1.05% | 0.73% | 0.94% |
| Median household income | $244,265 | $93,170 | $80,734 |
| Homes lived in by their owners | 93% | 67% | 65% |
| Owner homes with a mortgage | 69% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 20.1% | 21.0% |
| Median rent | $3,501 | $1,579 | $1,413 |
| Rent as a share of renters' income | 24.9% | 29.4% | 30.6% |
| Median year homes were built | 1979 | 1984 | 1980 |
| Vacant homes | 1.4% | 8.7% | 10.1% |
| Population | 8,957 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Dunn Loring
At this week's average 30-year rate of 7.11%, buying the median Dunn Loring home of $951,400 with 20% down costs about $6,349 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,087, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $272,100 for the 20%-down payment. That payment is 31% of the median Dunn Loring household income of $244,265; at that income and 20% down, the 28% guideline points to a home of about $854,000.
The median rent here is $3,501 a month, so owning the median home costs about $2,848 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $190,280 |
|---|---|
| Loan amount | $761,120 |
| Principal and interest | $5,120 |
| Property taxes (1.05% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $396 |
| PMI | $0 |
| Total per month | $6,349 |
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| Down payment | $33,299 |
|---|---|
| Loan amount | $934,168 |
| Principal and interest | $6,284 |
| Property taxes (1.05% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $396 |
| FHA mortgage insurance | $574 |
| Total per month | $8,087 |
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Questions about home buying in Dunn Loring
What is the median home value in Dunn Loring?
About $951,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dunn Loring?
Homeowners pay a median $10,001 a year, which is about 1.05% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Dunn Loring?
For the median home with 20% down at 7.11%, the payment is about $6,349 a month. Keeping that under 28% of gross income takes about $272,100 a year.
More about Dunn Loring
- Mortgage Refinance in Dunn Loring
- Debt Relief in Dunn Loring
- Home Equity Loans in Dunn Loring
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data