Homes under $700K

Homes under $700K in Northern Virginia

At $700K you can buy a solid single-family home across much of Loudoun and Prince William, or a well-located townhome in Fairfax County closer to Metro and jobs.

$4,840/mo
Est. monthly (10% down)
$70,000
Down payment (10%)
Single-family (outer/mid), townhomes (Fairfax County)
Best areas

This range rewards a clear priority: more house farther out, or a shorter commute for a townhome. We’ll help you make that trade with real commute and cost numbers.

  • Where it lands: Fairfax, Centreville, Chantilly, Ashburn, Brambleton, Gainesville
  • Property types: Single-family (outer/mid), townhomes (Fairfax County)
  • What to expect: Single-family across the outer suburbs; inside the Beltway this is a townhome budget.

Frequently asked

What can I buy for under $700K in Northern Virginia?

Single-family across the outer suburbs; inside the Beltway this is a townhome budget. Typically that means single-family (outer/mid), townhomes (fairfax county) in areas like Fairfax, Centreville, Chantilly, Ashburn, Brambleton, Gainesville. The exact mix shifts with the market — we’ll send you what’s actually available today.

What’s the monthly payment on a $700K home?

At $700K with 10% down at 6.5% over 30 years, the estimated total payment is about $4,840/month including taxes, insurance, and PMI. Your actual payment depends on your rate, down payment, HOA, and loan program.

Should I look at new construction under $700K?

Often yes — builder incentives (closing-cost credits, rate buydowns) can make a new home’s true monthly cost competitive with resale. Always verify current incentives directly with the builder, and compare the real numbers side by side.

See what’s available under $700K

Get matched homes for your budget and timeline — Raoul Shah represents you through the offer and closing.

Price ranges are illustrative and not a guarantee of available inventory. Monthly estimates are informational only, not a loan approval.