$3,741 Closing Credit*
$315,000
742 SqFt
1 Bed
•1 Full Bath
Rama D Chiruvella, Listing Office: Datta Homes
Is 20151, 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, 20151 has remained a Seller's Market.
Key Takeaway
20151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20151, VA
How much do homes in 20151, VA cost?
Median Sold Price
$702,750
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$39,250(-5.3%)
Key Takeaway
Homes in 20151 have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in 20151 was $702,750 in November 2024, down 5.3% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272.5K | $306K | +12.3% |
| 2 Bedrooms | $341.5K | $359.5K | +5.3% |
| 3 Bedrooms | $622.5K | $634K | +1.9% |
| 4 Bedrooms | $825K | $875K | +6.1% |
| 5+ Bedrooms | $935K | $932.5K | -0.3% |
Summary: 20151 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 20151, VA
How many homes are available in 20151, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The 20151 real estate market had 37 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 11 | 7 | -36.4% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 20151 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 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20151, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 20151 in November 2024, up by 15.4% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for 20151, VA
How long does it take to sell a home in 20151, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 28 Days | +18.1% |
Summary: Homes in 20151 had an average of 28 days on market in Nov 2024, up by 18.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20151 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 20151; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
