Is 20170, 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, 20170 has remained a Seller's Market.
Housing Prices in 20170, VA
How much do homes in 20170, VA cost?
Median Sold Price
$630,625
$304/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 20170 was $630,625 in February 2024, up 0.9% from last year, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $265K | +10.4% |
2 Bedrooms | $315K | $335K | +6.3% |
3 Bedrooms | $561K | $540K | -3.7% |
4 Bedrooms | $695K | $749.9K | +7.9% |
5+ Bedrooms | $850K | $807.4K | -5.0% |
Summary: 20170 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 5%.
Housing Supply in 20170, VA
How many homes are available in 20170, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
76 | 92 | +21.1% |
Summary: The 20170 real estate market had 92 homes for sale in February 2024, a 21.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 18 | 22 | +22.2% |
4 Bedrooms | 30 | 33 | +10.0% |
5+ Bedrooms | 18 | 24 | +33.3% |
Summary: The 20170 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 20170 in February 2024, up by 5.9% month-over-month. Of the 18 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.
Days on Market for 20170, VA
How long does it take to sell a home in 20170, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
19 Days | 4 Days | -76.7% |
Summary: Homes in 20170 had an average of 4 days on market in Feb 2024, down by 76.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in 20170; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.