$10,000 Closing Credit*
$845,000
2,741 SqFt
3 Beds
•3 Full Baths, 1 Partial
Katherine Perry Thornton, Listing Office: Real Broker, LLC
Is 20169, 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, 20169 has remained a Seller's Market.
Key Takeaway
20169 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20169, VA
How much do homes in 20169, VA cost?
Median Sold Price
$730,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,983(+6.4%)
Key Takeaway
Homes in 20169 have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in 20169 was $730,000 in November 2024, up 6.4% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $435K | $455K | +4.6% |
| 3 Bedrooms | $590K | $628.3K | +6.5% |
| 4 Bedrooms | $775K | $840K | +8.4% |
| 5+ Bedrooms | $935K | $1.0M | +7.0% |
Summary: 20169 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Zip Codes
| 20198 | $730K | $800K | +9.6% |
| 20155 | $659K | $715K | +8.5% |
| 20169 | $686K | $730K | +6.4% |
| 20137 | $710.5K | $750K | +5.6% |
Housing Supply in 20169, VA
How many homes are available in 20169, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 89 | -5.3% |
Summary: The 20169 real estate market had 89 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 33 | 37 | +12.1% |
| 4 Bedrooms | 33 | 29 | -12.1% |
| 5+ Bedrooms | 20 | 16 | -20.0% |
Summary: The 20169 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 decreased by 12.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 39 | +21.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20169, you could pay more than the asking price. 35.9% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in 20169 in November 2024, up by 21.9% month-over-month. Of the 39 sold homes, 33% were sold under asking, 31% were sold at asking, and 36% were sold over asking.
Days on Market for 20169, VA
How long does it take to sell a home in 20169, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 20 Days | +58.7% |
Summary: Homes in 20169 had an average of 20 days on market in Nov 2024, up by 58.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20169 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in 20169; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
