Is Aquia, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Aquia was a Seller's Market.
Key Takeaway
Aquia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Aquia, VA
How much do homes in Aquia, VA cost?
Median Sold Price
$486,250
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Aquia have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Aquia was $486,250 in May 2024, up 4.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.2K | $190K | +21.6% |
| 2 Bedrooms | $285K | $275K | -3.5% |
| 3 Bedrooms | $381.4K | $412K | +8.0% |
| 4 Bedrooms | $529.4K | $531K | 0.3% |
| 5+ Bedrooms | $565K | $679.9K | +20.3% |
Summary: Aquia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
| Aquia | $465K | $486.2K | +4.6% |
| Stafford | $503.1K | $524.9K | +4.3% |
| George Washington | $422.5K | $433.3K | +2.6% |
| Falmouth | $427.5K | $434.9K | +1.7% |
| Garrisonville | $503.7K | $500K | -0.7% |
Housing Supply in Aquia, VA
How many homes are available in Aquia, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 85 | 102 | +20.0% |
Summary: The Aquia real estate market had 102 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 22 | 41 | +86.4% |
| 5+ Bedrooms | 29 | 27 | -6.9% |
Summary: The Aquia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 86.4%, and 5+ bedroom homes decreased by 6.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 17 | -32.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Aquia, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Aquia in May 2024, down by 32.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.
Days on Market for Aquia, VA
How long does it take to sell a home in Aquia, VA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 12 Days | +6.7% |
Summary: Homes in Aquia had an average of 12 days on market in May 2024, up by 6.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Aquia are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Aquia; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
