$10,000 Closing Credit*
$1,450,000
4,708 SqFt
4 Beds
•4 Full Baths, 1 Partial
Mark Alan Willemsen, Listing Office: RE/MAX Gateway
Is 20137, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20137 has remained a Seller's Market.
Key Takeaway
20137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20137, VA
How much do homes in 20137, VA cost?
Median Sold Price
$782,000
$240/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$118,000(-13.1%)
Key Takeaway
Homes in 20137 have sold for 13.1% less than they did a month ago.
Summary: The median home sold price in 20137 was $782,000 in October 2024, down 13.1% from last month, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $590K | N/A |
| 3 Bedrooms | $600K | $782K | +30.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $900K | - | N/A |
Summary: 20137 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 30.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 20198 | $699.9K | $1.1M | +57.2% |
| 20137 | $900K | $782K | -13.1% |
Housing Supply in 20137, VA
How many homes are available in 20137, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The 20137 real estate market had 15 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 6 | 2 | -66.7% |
Summary: The 20137 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20137, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 20137 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 20137, VA
How long does it take to sell a home in 20137, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 34 Days | +2.0% |
Summary: Homes in 20137 had an average of 34 days on market in Oct 2024, up by 2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20137 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 20137; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
