$8,900 Closing Credit*
$749,500
2,845 SqFt
5 Beds
•2 Full Baths, 1 Partial
Karla I Daniels, Listing Office: RE/MAX Home Realty
Is 20110, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$506,250
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,286(+3.3%)
Key Takeaway
Homes in 20110 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 20110 was $506,250 in October 2024, up 3.3% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $213.5K | $212K | -0.7% |
| 2 Bedrooms | $281K | $323K | +14.9% |
| 3 Bedrooms | $453.9K | $443K | -2.4% |
| 4 Bedrooms | $568K | $599K | +5.5% |
| 5+ Bedrooms | $680K | $713.5K | +4.9% |
Summary: 20110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in 20110, VA
How many homes are available in 20110, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 139 | +6.9% |
Summary: The 20110 real estate market had 139 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 51 | 56 | +9.8% |
| 4 Bedrooms | 46 | 51 | +10.9% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The 20110 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 52 | +13.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20110, you could pay more than the asking price. 44.2% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in 20110 in October 2024, up by 13.0% month-over-month. Of the 52 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 15 Days | -15.6% |
Summary: Homes in 20110 had an average of 15 days on market in Oct 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
45 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 20110 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 52 homes were sold in 20110; 87% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
