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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chantilly is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Chantilly has remained a Seller's Market.

Key Takeaway

Chantilly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Chantilly, VA cost?

Median Sold Price

$670,766

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$21,266(+3.3%)

Key Takeaway

Homes in Chantilly have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $250K$263.9K
+5.6%
2 $335K$352.5K
+5.2%
3 $536K$555K
+3.5%
4 $773.6K$857.5K
+10.8%
5+ $920K$1.0M
+8.7%

Median Sold Price Compared To Nearby Cities

Sully
+11.6%
Dulles
+10.0%
Gainesville
+6.0%
Chantilly
+3.3%

How many homes are available in Chantilly, VA?

Number of Homes For Sale

Nov 2022Dec 2022%
164140-14.6%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 30
-100.0%
2 117
-36.4%
3 6658
-12.1%
4 5449
-9.3%
5+ 3026
-13.3%

Number of Homes Sold

Nov 2022Dec 2022%
3234+6.3%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chantilly, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
14 Days27 Days+92.1%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chantilly 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 Chantilly, VA

Number of homes for sale in Chantilly, VA real estate market have reached 140. Between November 2022 and December 2022, Chantilly, VA real estate market has seen decrease in the number of listings by 14.6%. In December 2022, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $670,766. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 5.6%, 2 bedrooms properties prices increased by 5.2%, prices of 3 bedrooms properties went up by 3.5%, the cost of 4 bedrooms properties went up by 10.8%, prices of 5 bedrooms properties went up by 8.7%. This housing market inventory have changed: 1 bedroom homes became 100% less available, volume of 2 bedrooms homes went down by 36.4%, number of 3 bedrooms homes decreased by 12.1%, 4 bedrooms homes became 9.3% less available, volume of 5 bedrooms homes went down by 13.3%. In December 2022, from all listings sold in Chantilly, VA there were more than 8 sold above asking price, over 20 sold below and more than 6 were sold right at the asked price.

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