Is 20152, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20152 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 20152 has remained a Seller's Market.

Key Takeaway

20152 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20152, VA

How much do homes in 20152, VA cost?

Median Sold Price

$773,330

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$90,663(+13.3%)

Key Takeaway

Homes in 20152 have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in 20152 was $773,330 in October 2024, up 13.3% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $420K$451.2K
+7.4%
3 $592K$638K
+7.8%
4 $840K$920K
+9.5%
5+ $1.1M$1.1M
+6.6%

Summary: 20152 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 increased by 7.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

20152
+13.3%
20105
+9.2%
20120
+6.3%
20151
-4.3%

Housing Supply in 20152, VA

How many homes are available in 20152, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5568+23.6%

Summary: The 20152 real estate market had 68 homes for sale in October 2024, a 23.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2730
+11.1%
4 1624
+50.0%
5+ 99
0.0%

Summary: The 20152 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 increased by 66.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2018-10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20152, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 20152 in October 2024, down by 10.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.

Days on Market for 20152, VA

How long does it take to sell a home in 20152, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days20 Days+62.3%

Summary: Homes in 20152 had an average of 20 days on market in Oct 2024, up by 62.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20152 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 20152; 61% of homes were sold within 30 days, 39% 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 4 Days Ago

Newest Listings in 20152, VA

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