Is Dale City, 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, Dale City has remained a Seller's Market.
Key Takeaway
Dale City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dale City, VA
How much do homes in Dale City, VA cost?
Median Sold Price
$460,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dale City have sold for 7% more than they did a year ago.
Summary: The median home sold price in Dale City was $460,000 in April 2024, up 7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | $396K | +41.5% |
| 3 Bedrooms | $380K | $415K | +9.2% |
| 4 Bedrooms | $452.3K | $485K | +7.2% |
| 5+ Bedrooms | $550K | $546K | -0.7% |
Summary: Dale City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Lake Ridge | $435K | $485K | +11.5% |
| Dale City | $429.9K | $460K | +7.0% |
| Montclair | $555K | $580.6K | +4.6% |
Housing Supply in Dale City, VA
How many homes are available in Dale City, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 130 | 135 | +3.8% |
Summary: The Dale City real estate market had 135 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 56 | 54 | -3.6% |
| 4 Bedrooms | 47 | 55 | +17.0% |
| 5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Dale City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 17%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 43 | -20.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dale City, you could pay more than the asking price. 67.4% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in Dale City in April 2024, down by 20.4% month-over-month. Of the 43 sold homes, 14% were sold under asking, 19% were sold at asking, and 67% were sold over asking.
Days on Market for Dale City, VA
How long does it take to sell a home in Dale City, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 11 Days | +55.2% |
Summary: Homes in Dale City had an average of 11 days on market in Apr 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dale City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 43 homes were sold in Dale City; 95% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
