Is 20115, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 20115 has remained a Seller's Market.
Housing Prices in 20115, VA
How much do homes in 20115, VA cost?
Median Sold Price
$601,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 20115 was $601,000 in February 2024, up 19% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | - | N/A |
2 Bedrooms | $290K | $442.9K | +52.7% |
3 Bedrooms | $475.5K | $420K | -11.7% |
4 Bedrooms | $538K | $752.6K | +39.9% |
5+ Bedrooms | $849.5K | $1.2M | +48.3% |
Summary: 20115 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.7%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes increased by 48.3%.
Housing Supply in 20115, VA
How many homes are available in 20115, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
48 | 42 | -12.5% |
Summary: The 20115 real estate market had 42 homes for sale in February 2024, a 12.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 32 | 27 | -15.6% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 20115 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 14 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 20115 in February 2024, up by 133.3% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% were sold over asking.
Days on Market for 20115, VA
How long does it take to sell a home in 20115, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
20 Days | 33 Days | +64.8% |
Summary: Homes in 20115 had an average of 33 days on market in Feb 2024, up by 64.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in 20115; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.