$6,353 Closing Credit*
$535,000
1,448 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stacy S Rodgers, Listing Office: Berkshire Hathaway HomeServices PenFed Realty
Is 20166, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 20166 has remained a Seller's Market.
Key Takeaway
20166 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20166, VA
How much do homes in 20166, VA cost?
Median Sold Price
$615,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,000(+5.1%)
Key Takeaway
Homes in 20166 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 20166 was $615,000 in December 2024, up 5.1% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $369K | $405K | +9.8% |
| 3 Bedrooms | $569.9K | $605K | +6.1% |
| 4 Bedrooms | $640K | $695.9K | +8.7% |
| 5+ Bedrooms | $825.2K | $920K | +11.5% |
Summary: 20166 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 increased by 9.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 20166, VA
How many homes are available in 20166, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 38 | 29 | -23.7% |
Summary: The 20166 real estate market had 29 homes for sale in December 2024, a 23.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 25 | 16 | -36.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 20166 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 increased by 50%, 3 bedroom homes decreased by 36%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20166, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 20166 in December 2024, up by 13.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 41% were sold at asking, and 12% were sold over asking.
Days on Market for 20166, VA
How long does it take to sell a home in 20166, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 25 Days | +81.5% |
Summary: Homes in 20166 had an average of 25 days on market in Dec 2024, up by 81.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20166 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in 20166; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
