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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catoctin is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Catoctin was a Seller's Market.

Key Takeaway

Catoctin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Catoctin, VA cost?

Median Sold Price

$789,875

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$69,241(+9.6%)

Key Takeaway

Homes in Catoctin have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $235K$270K
+14.9%
2 $355.5K$365K
+2.7%
3 $536K$567.4K
+5.9%
4 $745K$825K
+10.7%
5+ $925K$1.0M
+13.5%

Median Sold Price Compared To Nearby Cities

Waterford
+33.3%
Catoctin
+9.6%
Leesburg
+7.6%
Broad Run
+4.7%

How many homes are available in Catoctin, VA?

Number of Homes For Sale

Dec 2022Jan 2023%
198207+4.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 116
-45.5%
3 5142
-17.6%
4 7592
+22.7%
5+ 6066
+10.0%

Number of Homes Sold

Dec 2022Jan 2023%
3231-3.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catoctin, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
16 Days35 Days+115.2%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Catoctin, VA

Catoctin, VA has 207 homes for sale to choose from. Between December 2022 and January 2023, Catoctin, VA real estate market has seen increase in the number of listings by 4.5%. In January 2023, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $789,875. Real estate listing prices changed between December 2022 and January 2023: prices of 1 bedroom properties went up by 14.9%, 2 bedrooms properties prices increased by 2.7%, prices of 3 bedrooms properties increased by 5.9%, 4 bedrooms properties prices increased by 10.7%, prices of 5 bedrooms properties went up by 13.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 45.5%, 3 bedrooms homes inventory decreased by 17.6%, 4 bedrooms homes inventory increased by 22.7%, 5 bedrooms homes became 10% more available. In January 2023, from all listings sold in Catoctin, VA there were more than 9 sold above asking price, over 16 sold below and more than 6 were sold right at the asked price.

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