$10,000 Closing Credit*
$1,976,000
7,193 SqFt
5 Beds
•4 Full Baths, 1 Partial
Frank J Roche Jr., Listing Office: Keller Williams Realty
Is 20176, 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, 20176 has remained a Seller's Market.
Key Takeaway
20176 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20176, VA
How much do homes in 20176, VA cost?
Median Sold Price
$750,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,270(+3.6%)
Key Takeaway
Homes in 20176 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 20176 was $750,000 in November 2024, up 3.6% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $272.5K | $280K | +2.8% |
| 2 Bedrooms | $388.2K | $410K | +5.6% |
| 3 Bedrooms | $623.5K | $609.7K | -2.2% |
| 4 Bedrooms | $835K | $870K | +4.2% |
| 5+ Bedrooms | $1.0M | $1.2M | +9.9% |
Summary: 20176 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 9.9%.
Median Sold Price Compared To Nearby Zip Codes
| 20180 | $715K | $742K | +3.8% |
| 20176 | $723.7K | $750K | +3.6% |
Housing Supply in 20176, VA
How many homes are available in 20176, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 152 | 140 | -7.9% |
Summary: The 20176 real estate market had 140 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 31 | 27 | -12.9% |
| 3 Bedrooms | 48 | 37 | -22.9% |
| 4 Bedrooms | 42 | 41 | -2.4% |
| 5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The 20176 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 12.9%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 45 | -28.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20176, you may be able to get a good deal. 35.6% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 20176 in November 2024, down by 28.6% month-over-month. Of the 45 sold homes, 36% were sold under asking, 31% were sold at asking, and 33% were sold over asking.
Days on Market for 20176, VA
How long does it take to sell a home in 20176, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 25 Days | +3.3% |
Summary: Homes in 20176 had an average of 25 days on market in Nov 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20176 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in 20176; 76% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
