Is 20141, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20141 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 20141 has remained a Seller's Market.

Key Takeaway

20141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20141, VA

How much do homes in 20141, VA cost?

Median Sold Price

$785,500

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,500(+1.4%)

Key Takeaway

Homes in 20141 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 20141 was $785,500 in December 2024, up 1.4% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $522.5K-
N/A
3 $610K$619.5K
+1.6%
4 $740K$801.2K
+8.3%
5+ $1.0M$817.5K
-22.2%

Summary: 20141 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 22.2%.

Median Sold Price Compared To Nearby Zip Codes

20117
+21.0%
20132
+5.7%
20141
+1.4%

Housing Supply in 20141, VA

How many homes are available in 20141, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1716-5.9%

Summary: The 20141 real estate market had 16 homes for sale in December 2024, a 5.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 87
-12.5%
5+ 65
-16.7%

Summary: The 20141 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20141, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 20141 in December 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 20141, VA

How long does it take to sell a home in 20141, VA?

Average Sale Time

Dec 2023Dec 2024CHANGE
16 Days14 Days-14.7%

Summary: Homes in 20141 had an average of 14 days on market in Dec 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20141 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 7 homes were sold in 20141; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 20141, VA

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