$6,935 Closing Credit*
$584,000
1,918 SqFt
3 Beds
•2 Full Baths
Kaaren M Lofgren, Listing Office: McEnearney Associates, LLC
Is 20158, 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, 20158 has remained a Seller's Market.
Key Takeaway
20158 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20158, VA
How much do homes in 20158, VA cost?
Median Sold Price
$841,250
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$152,250(+22.1%)
Key Takeaway
Homes in 20158 have sold for 22.1% more than they did a year ago.
Summary: The median home sold price in 20158 was $841,250 in October 2024, up 22.1% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $468K | N/A |
| 2 Bedrooms | $432.5K | $400K | -7.5% |
| 3 Bedrooms | $555K | $575.2K | +3.7% |
| 4 Bedrooms | $949K | $827.5K | -12.8% |
| 5+ Bedrooms | $980K | $1.2M | +27.0% |
Summary: 20158 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 decreased by 7.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 27%.
Housing Supply in 20158, VA
How many homes are available in 20158, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Summary: The 20158 real estate market had 19 homes for sale in October 2024, a 46.2% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 20158 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20158, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 20158 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 20158, VA
How long does it take to sell a home in 20158, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 19 Days | -42.9% |
Summary: Homes in 20158 had an average of 19 days on market in Oct 2024, down by 42.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20158 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 20158; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
