Is 20190, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 20190 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 20190 has remained a Seller's Market.

Key Takeaway

20190 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 20190, VA

How much do homes in 20190, VA cost?

Median Sold Price

$512,500

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+3.5%)

Key Takeaway

Homes in 20190 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 20190 was $512,500 in November 2024, up 3.5% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$331K
+6.8%
2 $375K$449K
+19.7%
3 $650K$662.5K
+1.9%
4 $723K$737.4K
+2.0%
5+ $790K$770K
-2.5%

Summary: 20190 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Zip Codes

20191
+15.0%
20170
+9.0%
22182
+7.6%
20190
+3.5%
20194
-7.8%

Housing Supply in 20190, VA

How many homes are available in 20190, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8270-14.6%

Summary: The 20190 real estate market had 70 homes for sale in November 2024, a 14.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1312
-7.7%
2 4029
-27.5%
3 1517
+13.3%
4 139
-30.8%
5+ 13
+200.0%

Summary: The 20190 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 27.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3424-29.4%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 20190, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 20190 in November 2024, down by 29.4% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.

Days on Market for 20190, VA

How long does it take to sell a home in 20190, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days36 Days+118.3%

Summary: Homes in 20190 had an average of 36 days on market in Nov 2024, up by 118.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 20190 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 24 homes were sold in 20190; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in 20190, VA

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