$6,116 Closing Credit*
$515,000
1,220 SqFt
3 Beds
•2 Full Baths, 1 Partial
Charles J Wade, Listing Office: Samson Properties
Is 20121, 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, 20121 has remained a Seller's Market.
Key Takeaway
20121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20121, VA
How much do homes in 20121, VA cost?
Median Sold Price
$529,916
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,916(+7.1%)
Key Takeaway
Homes in 20121 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 20121 was $529,916 in November 2024, up 7.1% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $261.2K | -3.2% |
| 2 Bedrooms | $340K | $404K | +18.8% |
| 3 Bedrooms | $520K | $550K | +5.8% |
| 4 Bedrooms | $766.7K | $625K | -18.5% |
| 5+ Bedrooms | $888K | $875K | -1.5% |
Summary: 20121 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 20121, VA
How many homes are available in 20121, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 76 | +4.1% |
Summary: The 20121 real estate market had 76 homes for sale in November 2024, a 4.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 40 | 34 | -15.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 20121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20121, you could pay more than the asking price. 48% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in 20121 in November 2024, down by 3.8% month-over-month. Of the 25 sold homes, 32% were sold under asking, 20% were sold at asking, and 48% were sold over asking.
Days on Market for 20121, VA
How long does it take to sell a home in 20121, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 15 Days | -13.8% |
Summary: Homes in 20121 had an average of 15 days on market in Nov 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20121 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 20121; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
