Is 20110, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20110 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 20110 has remained a Seller's Market.

Key Takeaway

20110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20110, VA

How much do homes in 20110, VA cost?

Median Sold Price

$508,843

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,677(+3.0%)

Key Takeaway

Homes in 20110 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 20110 was $508,843 in November 2024, up 3% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K$213.5K
+1.7%
2 $283K$300.1K
+6.1%
3 $455K$445K
-2.2%
4 $570.8K$600K
+5.1%
5+ $675K$709.9K
+5.2%

Summary: 20110 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

20109
+12.4%
20112
+8.0%
20111
+7.3%
20136
+4.3%
20110
+3.0%

Housing Supply in 20110, VA

How many homes are available in 20110, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127119-6.3%

Summary: The 20110 real estate market had 119 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 04
+100.0%
2 1410
-28.6%
3 5252
0.0%
4 4941
-16.3%
5+ 1212
0.0%

Summary: The 20110 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5237-28.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20110, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 20110 in November 2024, down by 28.8% month-over-month. Of the 37 sold homes, 22% were sold under asking, 32% were sold at asking, and 46% were sold over asking.

Days on Market for 20110, VA

How long does it take to sell a home in 20110, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days26 Days+50.2%

Summary: Homes in 20110 had an average of 26 days on market in Nov 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20110 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 37 homes were sold in 20110; 76% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 11% 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 21 Days Ago

Newest Listings in 20110, VA

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