$3,503 Closing Credit*
$295,000
1,085 SqFt
2 Beds
•1 Full Bath, 1 Partial
Zora S Banga, Listing Office: Banga Realty LLC
Is 20170, 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, 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
$683,180
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,513(+9.0%)
Key Takeaway
Homes in 20170 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 20170 was $683,180 in November 2024, up 9% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $288K | +8.7% |
| 2 Bedrooms | $331K | $342.5K | +3.5% |
| 3 Bedrooms | $535K | $587.5K | +9.8% |
| 4 Bedrooms | $728.5K | $775K | +6.4% |
| 5+ Bedrooms | $809.9K | $950K | +17.3% |
Summary: 20170 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 17.3%.
Housing Supply in 20170, VA
How many homes are available in 20170, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 55 | -23.6% |
Summary: The 20170 real estate market had 55 homes for sale in November 2024, a 23.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 28 | 20 | -28.6% |
| 5+ Bedrooms | 14 | 8 | -42.9% |
Summary: The 20170 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 22 | -37.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20170, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 20170 in November 2024, down by 37.1% month-over-month. Of the 22 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +44.2% |
Summary: Homes in 20170 had an average of 17 days on market in Nov 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 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 November 2024, 22 homes were sold in 20170; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
