Is 20180, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20180 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 20180 was a Seller's Market.

Key Takeaway

20180 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 20180, VA

How much do homes in 20180, VA cost?

Median Sold Price

$745,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+4.2%)

Key Takeaway

Homes in 20180 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 20180 was $745,000 in October 2024, up 4.2% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $451.2K$473.1K
+4.8%
3 $682.5K$600K
-12.1%
4 $717.5K$785K
+9.4%
5+ $765K$900K
+17.6%

Summary: 20180 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 4.8%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

21758
+27.6%
20176
+5.6%
21716
+4.9%
20180
+4.2%

Housing Supply in 20180, VA

How many homes are available in 20180, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2031+55.0%

Summary: The 20180 real estate market had 31 homes for sale in October 2024, a 55.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 511
+120.0%
4 1011
+10.0%
5+ 45
+25.0%

Summary: The 20180 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 increased by 300%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20180, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 20180 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 20180, VA

How long does it take to sell a home in 20180, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days52 Days+76.5%

Summary: Homes in 20180 had an average of 52 days on market in Oct 2024, up by 76.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20180 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 20180; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in 20180, VA

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