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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20180 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 20180 has remained a Seller's Market.

Key Takeaway

20180 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20180, VA

How much do homes in 20180, VA cost?

Median Sold Price

$742,000

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,000(+3.8%)

Key Takeaway

Homes in 20180 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 20180 was $742,000 in November 2024, up 3.8% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $451.2K$473.1K
+4.8%
3 $690K$595K
-13.8%
4 $725K$782.5K
+7.9%
5+ $750K$918K
+22.4%

Summary: 20180 housing prices by bedroom type for November 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 13.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 22.4%.

Median Sold Price Compared To Nearby Zip Codes

21758
+30.7%
21716
+5.7%
20180
+3.8%
20176
+3.6%

Housing Supply in 20180, VA

How many homes are available in 20180, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2730+11.1%

Summary: The 20180 real estate market had 30 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 811
+37.5%
4 1110
-9.1%
5+ 57
+40.0%

Summary: The 20180 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 33.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 20180 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
16 Days28 Days+74.9%

Summary: Homes in 20180 had an average of 28 days on market in Nov 2024, up by 74.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 20180 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 20180; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% 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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