$350,000
2.50 Acres
Land
Dorian Heatherlea Garcia, Listing Office: United Real Estate
Is 20169, 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, 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
$718,345
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,145(+2.7%)
Key Takeaway
Homes in 20169 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 20169 was $718,345 in October 2024, up 2.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $435K | $447.5K | +2.9% |
| 3 Bedrooms | $595.4K | $621.6K | +4.4% |
| 4 Bedrooms | $779.5K | $835K | +7.1% |
| 5+ Bedrooms | $925K | $1.0M | +9.2% |
Summary: 20169 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 2.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Zip Codes
| 20155 | $659K | $721.8K | +9.5% |
| 20169 | $699.2K | $718.3K | +2.7% |
Housing Supply in 20169, VA
How many homes are available in 20169, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 100 | +9.9% |
Summary: The 20169 real estate market had 100 homes for sale in October 2024, a 9.9% 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 | 13 | 8 | -38.5% |
| 3 Bedrooms | 29 | 38 | +31.0% |
| 4 Bedrooms | 26 | 32 | +23.1% |
| 5+ Bedrooms | 23 | 22 | -4.3% |
Summary: The 20169 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 decreased by 38.5%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20169, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in 20169 in October 2024, up by 18.5% month-over-month. Of the 32 sold homes, 38% were sold under asking, 44% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +43.7% |
Summary: Homes in 20169 had an average of 22 days on market in Oct 2024, up by 43.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 32 homes were sold in 20169; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
