Is Brentsville, 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, Brentsville has remained a Seller's Market.
Key Takeaway
Brentsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brentsville, VA
How much do homes in Brentsville, VA cost?
Median Sold Price
$657,600
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Brentsville have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Brentsville was $657,600 in April 2024, up 7.8% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339.9K | - | N/A |
| 2 Bedrooms | $447.5K | $462K | +3.2% |
| 3 Bedrooms | $515K | $526.8K | +2.3% |
| 4 Bedrooms | $667.3K | $720K | +7.9% |
| 5+ Bedrooms | $785K | $816.6K | +4.0% |
Summary: Brentsville 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 3.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Manassas Park | $400K | $449K | +12.3% |
| Manassas | $473.1K | $528.8K | +11.8% |
| Manassas | $474.7K | $515K | +8.5% |
| Brentsville | $610K | $657.6K | +7.8% |
| Bristow | $620K | $630K | +1.6% |
Housing Supply in Brentsville, VA
How many homes are available in Brentsville, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 198 | 264 | +33.3% |
Summary: The Brentsville real estate market had 264 homes for sale in April 2024, a 33.3% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 73 | 88 | +20.5% |
| 4 Bedrooms | 68 | 99 | +45.6% |
| 5+ Bedrooms | 49 | 69 | +40.8% |
Summary: The Brentsville 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 remained the same, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 45.6%, and 5+ bedroom homes increased by 40.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 85 | +34.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
68 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brentsville, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 85 homes were sold or pending in Brentsville in April 2024, up by 34.9% month-over-month. Of the 85 sold homes, 8% were sold under asking, 12% were sold at asking, and 80% were sold over asking.
Days on Market for Brentsville, VA
How long does it take to sell a home in Brentsville, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 5 Days | -53.6% |
Summary: Homes in Brentsville had an average of 5 days on market in Apr 2024, down by 53.6% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brentsville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 85 homes were sold in Brentsville; 99% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
