Is 20136, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20136 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 20136 has remained a Seller's Market.

Key Takeaway

20136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20136, VA

How much do homes in 20136, VA cost?

Median Sold Price

$633,333

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$2,416(-0.4%)

Key Takeaway

The sold price of homes in 20136 has remained the same since last year.

Summary: The median home sold price in 20136 was $633,333 in February 2024, down 0.4% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $420.5K$450.2K
+7.1%
3 $500K$510K
+2.0%
4 $692.5K$725K
+4.7%
5+ $750K$771.5K
+2.9%

Summary: 20136 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 7.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

20109
+15.7%
20110
+5.3%
20155
+2.3%
20136
-0.4%

Housing Supply in 20136, VA

How many homes are available in 20136, VA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5268+30.8%

Summary: The 20136 real estate market had 68 homes for sale in February 2024, a 30.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2026
+30.0%
4 1520
+33.3%
5+ 1115
+36.4%

Summary: The 20136 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 increased by 16.7%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20136, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 20136 in February 2024, up by 40.0% month-over-month. Of the 14 sold homes, 7% were sold under asking, 43% were sold at asking, and 50% were sold over asking.

Days on Market for 20136, VA

How long does it take to sell a home in 20136, VA?

Average Sale Time

Feb 2023Feb 2024CHANGE
9 Days18 Days+96.5%

Summary: Homes in 20136 had an average of 18 days on market in Feb 2024, up by 96.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20136 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 14 homes were sold in 20136; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in 20136, VA

Nearby Markets to 20136, VA