Is 20197, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 20197 was a Seller's Market.
Housing Prices in 20197, VA
How much do homes in 20197, VA cost?
Median Sold Price
$1,461,000
$344/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 20197 was $1,461,000 in April 2024, up 14.6% from last month, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $1.7M | $1.4M | -16.5% |
5+ Bedrooms | $1.2M | - | N/A |
Summary: 20197 housing prices by bedroom type for April 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 did not change, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
20129 | $2.1M | $3.3M | +53.5% |
20197 | $1.2M | $1.4M | +14.6% |
Housing Supply in 20197, VA
How many homes are available in 20197, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The 20197 real estate market had 12 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 20197 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 20197 in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 20197, VA
How long does it take to sell a home in 20197, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 Day | 53 Days | +5200.0% |
Summary: Homes in 20197 had an average of 53 days on market in Apr 2024, up by 5200% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 20197; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.