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 4 Days Ago

Newest Listings in 20180, VA

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