$4,631 Closing Credit*
$390,000
1,579 SqFt
3 Beds
•2 Full Baths
Patricia Arruda, Listing Office: Ross Real Estate
Is 20109, 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, 20109 has remained a Seller's Market.
Key Takeaway
20109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20109, VA
How much do homes in 20109, VA cost?
Median Sold Price
$438,333
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$48,333(+12.4%)
Key Takeaway
Homes in 20109 have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in 20109 was $438,333 in November 2024, up 12.4% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $210K | +2.4% |
| 2 Bedrooms | $309.5K | $325K | +5.0% |
| 3 Bedrooms | $385K | $409.5K | +6.4% |
| 4 Bedrooms | $477.5K | $552.5K | +15.7% |
| 5+ Bedrooms | $555K | $560K | +0.9% |
Summary: 20109 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 20109, VA
How many homes are available in 20109, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 72 | -14.3% |
Summary: The 20109 real estate market had 72 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 41 | 40 | -2.4% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 8 | 4 | -50.0% |
Summary: The 20109 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 decreased by 20%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 20 | -48.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20109, expect to pay close to the asking price. 35% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in 20109 in November 2024, down by 48.7% month-over-month. Of the 20 sold homes, 30% were sold under asking, 35% were sold at asking, and 35% were sold over asking.
Days on Market for 20109, VA
How long does it take to sell a home in 20109, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 27 Days | +134.5% |
Summary: Homes in 20109 had an average of 27 days on market in Nov 2024, up by 134.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20109 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in 20109; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
