$8,454 Closing Credit*
$711,900
1,962 SqFt
3 Beds
•2 Full Baths
R.Terry Cheatle, Listing Office: CENTURY 21 New Millennium
Is 20106, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 20106 has remained a Seller's Market.
Key Takeaway
20106 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20106, VA
How much do homes in 20106, VA cost?
Median Sold Price
$650,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$79,000(+13.8%)
Key Takeaway
Homes in 20106 have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in 20106 was $650,000 in November 2024, up 13.8% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $350.5K | N/A |
| 2 Bedrooms | $270K | $430.5K | +59.4% |
| 3 Bedrooms | $520K | $540K | +3.8% |
| 4 Bedrooms | $594.5K | $700K | +17.7% |
| 5+ Bedrooms | $780K | $590K | -24.4% |
Summary: 20106 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 24.4%.
Housing Supply in 20106, VA
How many homes are available in 20106, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 41 | +5.1% |
Summary: The 20106 real estate market had 41 homes for sale in November 2024, a 5.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 23 | +35.3% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 20106 housing inventory by bedroom type for November 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 35.3%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20106, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 20106 in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 20106, VA
How long does it take to sell a home in 20106, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 73 Days | +366.9% |
Summary: Homes in 20106 had an average of 73 days on market in Nov 2024, up by 366.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20106 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 20106; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.