$5,914 Closing Credit*
$498,000
2,410 SqFt
3 Beds
•2 Full Baths, 1 Partial
Thomas S Hennerty, Listing Office: NetRealtyNow.com, LLC
Is 20112, 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, 20112 has remained a Seller's Market.
Key Takeaway
20112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20112, VA
How much do homes in 20112, VA cost?
Median Sold Price
$740,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+8.0%)
Key Takeaway
Homes in 20112 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 20112 was $740,000 in November 2024, up 8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $398K | $395K | -0.8% |
| 3 Bedrooms | $545K | $575K | +5.5% |
| 4 Bedrooms | $693.5K | $725K | +4.5% |
| 5+ Bedrooms | $780K | $855.3K | +9.7% |
Summary: 20112 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 decreased by 0.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 20112, VA
How many homes are available in 20112, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 72 | -6.5% |
Summary: The 20112 real estate market had 72 homes for sale in November 2024, a 6.5% decrease 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 | 3 | +50.0% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 29 | 27 | -6.9% |
Summary: The 20112 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 increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 6.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20112, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 20112 in November 2024, down by 14.3% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 20112, VA
How long does it take to sell a home in 20112, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 25 Days | -7.7% |
Summary: Homes in 20112 had an average of 25 days on market in Nov 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20112 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 20112; 61% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
