Is 20105, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20105 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 20105 has remained a Seller's Market.

Key Takeaway

20105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20105, VA

How much do homes in 20105, VA cost?

Median Sold Price

$920,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$77,500(+9.2%)

Key Takeaway

Homes in 20105 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 20105 was $920,000 in October 2024, up 9.2% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $290K$322.1K
+11.1%
2 $396K$426K
+7.6%
3 $534.5K$563.5K
+5.4%
4 $950K$1.0M
+8.2%
5+ $1.2M$1.3M
+10.0%

Summary: 20105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

20117
+33.3%
20152
+13.3%
20105
+9.2%
20175
+8.9%
20148
+5.5%

Housing Supply in 20105, VA

How many homes are available in 20105, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6572+10.8%

Summary: The 20105 real estate market had 72 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2324
+4.3%
4 1314
+7.7%
5+ 2429
+20.8%

Summary: The 20105 housing inventory by bedroom type for October 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 4.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 20.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2328+21.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20105, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 20105 in October 2024, up by 21.7% month-over-month. Of the 28 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.

Days on Market for 20105, VA

How long does it take to sell a home in 20105, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days12 Days-12.7%

Summary: Homes in 20105 had an average of 12 days on market in Oct 2024, down by 12.7% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 20105; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 20105, VA

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