$9,203 Closing Credit*
$775,000
2,038 SqFt
3 Beds
•3 Full Baths, 1 Partial
Rebecca Vittitow, Listing Office: Century 21 Redwood Realty
Is 20170, 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, 20170 has remained a Seller's Market.
Key Takeaway
20170 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20170, VA
How much do homes in 20170, VA cost?
Median Sold Price
$675,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+8.0%)
Key Takeaway
Homes in 20170 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 20170 was $675,000 in October 2024, up 8% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $288K | +10.8% |
| 2 Bedrooms | $330K | $341K | +3.3% |
| 3 Bedrooms | $529K | $580K | +9.6% |
| 4 Bedrooms | $730K | $767.5K | +5.1% |
| 5+ Bedrooms | $825K | $865K | +4.8% |
Summary: 20170 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 20170, VA
How many homes are available in 20170, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 76 | 0.0% |
Summary: The 20170 real estate market had 76 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 27 | 29 | +7.4% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 20170 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 33 | +17.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20170, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 20170 in October 2024, up by 17.9% month-over-month. Of the 33 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for 20170, VA
How long does it take to sell a home in 20170, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 12 Days | +17.7% |
Summary: Homes in 20170 had an average of 12 days on market in Oct 2024, up by 17.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20170 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 20170; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
