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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in North, VA cost?

Median Sold Price

$275,900

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$102,900(+59.5%)

Key Takeaway

Homes in North have sold for 59.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 --
N/A
3 $173K$254.9K
+47.3%
4 $211K$410.5K
+94.5%
5+ $45K-
N/A

How many homes are available in North, VA?

Number of Homes For Sale

Aug 2022Sep 2022%
78+14.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days9 Days-53.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North 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 North, VA

Homes for sale in North, VA have reached 8. The number of homes for sale in North, VA increased by 14.3% between August 2022 and September 2022. The median list price of listings available in September 2022 was $275,900, while the average time on the real estate market was 9 days. This housing market listing prices have changed between August 2022 and September 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 47.3%, the cost of 4 bedrooms properties went up by 94.5%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 14.3% more available, 4 bedrooms homes did not move, the quantity of 5 bedrooms homes have not changed. In September 2022 more than 0 listings in North, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

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