Is 20186, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20186 has remained a Seller's Market.
Housing Prices in 20186, VA
How much do homes in 20186, VA cost?
Median Sold Price
$670,000
$266/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 20186 was $670,000 in March 2024, up 21.8% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $345K | - | N/A |
3 Bedrooms | $550K | $477.5K | -13.2% |
4 Bedrooms | $535K | $752.5K | +40.7% |
5+ Bedrooms | $750K | - | N/A |
Summary: 20186 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 40.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
20186 | $550K | $670K | +21.8% |
20106 | $784.5K | $682.5K | -13.0% |
Housing Supply in 20186, VA
How many homes are available in 20186, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 77 | -12.5% |
Summary: The 20186 real estate market had 77 homes for sale in March 2024, a 12.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 36 | 27 | -25.0% |
4 Bedrooms | 32 | 33 | +3.1% |
5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The 20186 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 16 | -44.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 20186 in March 2024, down by 44.8% month-over-month. Of the 16 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.
Days on Market for 20186, VA
How long does it take to sell a home in 20186, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 35 Days | -13.1% |
Summary: Homes in 20186 had an average of 35 days on market in Mar 2024, down by 13.1% compared to last month.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 20186; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.