Is Bull Run, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bull Run has remained a Seller's Market.
Housing Prices in Bull Run, VA
How much do homes in Bull Run, VA cost?
Median Sold Price
$805,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bull Run was $805,000 in April 2024, down 3.6% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $247.5K | +3.1% |
2 Bedrooms | $300K | $391K | +30.3% |
3 Bedrooms | $782K | $409.5K | -47.6% |
4 Bedrooms | $850K | $920K | +8.2% |
5+ Bedrooms | $1.2M | $1.0M | -15.4% |
Summary: Bull Run housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 30.3%, 3 bedroom homes decreased by 47.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 15.4%.
Median Sold Price Compared To Nearby Neighborhoods
Sudley | $400K | $425K | +6.3% |
Bull Run District | $572.4K | $605.1K | +5.7% |
Bull Run | $835K | $805K | -3.6% |
Housing Supply in Bull Run, VA
How many homes are available in Bull Run, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 29 | +26.1% |
Summary: The Bull Run real estate market had 29 homes for sale in April 2024, a 26.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Bull Run housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bull Run in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Bull Run, VA
How long does it take to sell a home in Bull Run, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 9 Days | +22.6% |
Summary: Homes in Bull Run had an average of 9 days on market in Apr 2024, up by 22.6% compared to last year.
Breakdown of Home Sale Times
9 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, 10 homes were sold in Bull Run; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.