$6,234 Closing Credit*
$525,000
1,574 SqFt
4 Beds
•3 Full Baths, 1 Partial
Vie Nguyen, Listing Office: Pearson Smith Realty, LLC
Is 20152, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | $451.2K | +7.4% |
| 3 Bedrooms | $592K | $638K | +7.8% |
| 4 Bedrooms | $840K | $920K | +9.5% |
| 5+ Bedrooms | $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%.
Housing Supply in 20152, VA
How many homes are available in 20152, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 68 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 16 | 24 | +50.0% |
| 5+ Bedrooms | 9 | 9 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 20 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
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.
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