History
Crestwood Manor’s history is interwoven with the broader narrative of Fairfax County, which was established in 1742. The area where Crestwood Manor now stands was part of the rural landscape of Virginia until the post-World War II boom led to significant suburban development.
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Early Development: The neighborhood began to take shape in the mid-20th century, as part of the housing boom spurred by returning veterans and the expansion of the federal government in nearby Washington, D.C. This period saw the transformation of many agricultural lands into residential areas, with developers focusing on creating family-friendly communities.
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Cultural Landmarks: Although Crestwood Manor itself doesn’t boast historical landmarks, its proximity to areas like Annandale, where George Mason’s Gunston Hall is located, infuses the region with a sense of historical depth. The neighborhood’s development was part of a larger trend towards suburbanization, which aimed at providing housing solutions for the burgeoning middle class.
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Modern Evolution: Over the years, Crestwood Manor has evolved from a purely residential area into a community with a mix of single-family homes, townhouses, and some commercial spaces. This evolution reflects broader demographic changes and the economic shifts within Fairfax County.
Demographics
Crestwood Manor’s demographic profile is indicative of Fairfax County’s diversity but with its unique characteristics:
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Population and Composition: According to demographic data from Fairfax County’s reports, the neighborhood has a diverse population. The median age in Crestwood Manor is slightly higher than the county average, suggesting a community with a significant number of long-term residents or retiree populations.
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Ethnic Diversity: The neighborhood reflects Fairfax County’s multicultural tapestry, with a notable presence of Asian and Hispanic communities. About 7.8% of residents primarily speak Korean at home, highlighting the area’s cultural diversity, as per NeighborhoodScout data.
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Income and Education: Crestwood Manor is part of a wealthier segment of Fairfax County, with residents often engaged in executive, management, and professional occupations. This aligns with the county’s reputation for high median incomes and an educated populace, contributing to the neighborhood’s socio-economic profile.
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Housing and Ownership: A majority of the homes in Crestwood Manor are owner-occupied, with a significant portion built between 1940 and 1969, which speaks to the neighborhood’s maturity. The housing stock includes both medium-sized and larger homes, catering to various family sizes.
Real Estate Trends
The real estate market in Crestwood Manor mirrors the dynamics observed across Fairfax County but with nuances specific to its demographic and geographic characteristics:
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Property Values: The median real estate price in Crestwood Manor is notably high, with homes valued at around $823,471, placing it in the top percentile for Virginia and the U.S. according to NeighborhoodScout. This high valuation is driven by the area’s desirability, quality of life, and proximity to Washington, D.C. and major employment centers.
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Market Dynamics: The real estate market in Crestwood Manor has been characterized by low inventory and high demand, a trend that has continued into 2025. The median listing home price in Fairfax County, where Crestwood Manor is located, was $750K in October 2023, showing an upward trend from the previous year, as reported by realtor.com.
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Rental Market: The average rental price in the neighborhood is approximately $3,377, which is higher than most neighborhoods in Virginia, reflecting the area’s economic strength and the cost of living.
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Seller’s Market: Fairfax County has consistently been described as a seller’s market, where properties sell quickly and often above asking price. This is due to the limited supply against a backdrop of steady demand, particularly from those seeking to move into high-quality school districts or closer to employment hubs.
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Future Trends: With Fairfax County’s population continuing to grow and diversify, and with ongoing developments in infrastructure and public services, Crestwood Manor is likely to see sustained interest in its real estate. However, factors like potential changes in interest rates, economic conditions, or shifts in remote work policies could influence these trends.
Conclusion
Crestwood Manor stands out as a vibrant, well-established community within Fairfax County, offering a blend of historical charm, cultural diversity, and modern suburban living. Its real estate market, buoyed by strong demographic trends and economic factors, makes it an attractive place for both residents and investors. As Fairfax County continues to evolve, Crestwood Manor will likely maintain its allure, balancing tradition with the demands of contemporary living.
