Is 20132, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20132 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 20132 has remained a Seller's Market.

Key Takeaway

20132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20132, VA

How much do homes in 20132, VA cost?

Median Sold Price

$845,000

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$72,550(+9.4%)

Key Takeaway

Homes in 20132 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 20132 was $845,000 in October 2024, up 9.4% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $560K$520K
-7.1%
3 $610K$630K
+3.3%
4 $812.4K$875K
+7.7%
5+ $1.0M$1.1M
+9.0%

Summary: 20132 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Zip Codes

20158
+22.1%
20132
+9.4%
20180
+4.2%
20141
+2.9%

Housing Supply in 20132, VA

How many homes are available in 20132, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6665-1.5%

Summary: The 20132 real estate market had 65 homes for sale in October 2024, a 1.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1923
+21.1%
4 2723
-14.8%
5+ 1717
0.0%

Summary: The 20132 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20132, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in 20132 in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.

Days on Market for 20132, VA

How long does it take to sell a home in 20132, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days123 Days+330.2%

Summary: Homes in 20132 had an average of 123 days on market in Oct 2024, up by 330.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20132 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 20132; 65% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% 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 23 Days Ago

Newest Listings in 20132, VA

Nearby Markets to 20132, VA