Is Fauquier County, 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, Fauquier County has remained a Seller's Market.
Housing Prices in Fauquier County, VA
How much do homes in Fauquier County, VA cost?
Median Sold Price
$589,323
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fauquier County was $589,323 in April 2024, up 17.5% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $304.5K | $203.1K | -33.3% |
2 Bedrooms | $317.4K | $355K | +11.8% |
3 Bedrooms | $446.5K | $489K | +9.5% |
4 Bedrooms | $575K | $668.5K | +16.3% |
5+ Bedrooms | $720K | $800K | +11.1% |
Summary: Fauquier County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Counties
Fauquier County | $501.5K | $589.3K | +17.5% |
Warren County | $340.6K | $379.9K | +11.5% |
Culpeper County | $423.3K | $450.1K | +6.3% |
Prince William County | $500K | $530.1K | +6.0% |
Rappahannock County | $695K | $515K | -25.9% |
Housing Supply in Fauquier County, VA
How many homes are available in Fauquier County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
349 | 366 | +4.9% |
Summary: The Fauquier County real estate market had 366 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 129 | 130 | +0.8% |
4 Bedrooms | 133 | 135 | +1.5% |
5+ Bedrooms | 65 | 79 | +21.5% |
Summary: The Fauquier County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 21.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 95 | -5.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Summary: A total of 95 homes were sold or pending in Fauquier County in April 2024, down by 5.0% month-over-month. Of the 95 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Fauquier County, VA
How long does it take to sell a home in Fauquier County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 33 Days | +24.0% |
Summary: Homes in Fauquier County had an average of 33 days on market in Apr 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 95 homes were sold in Fauquier County; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.