$4,750 Closing Credit*
$399,999
1,220 SqFt
2 Beds
•2 Full Baths
John Christopher Crowe, Listing Office: Samson Properties
Is 20191, 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, 20191 has remained a Seller's Market.
Key Takeaway
20191 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20191, VA
How much do homes in 20191, VA cost?
Median Sold Price
$620,060
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$80,818(+15.0%)
Key Takeaway
Homes in 20191 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 20191 was $620,060 in November 2024, up 15% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278K | $297.5K | +7.0% |
| 2 Bedrooms | $360K | $392K | +8.9% |
| 3 Bedrooms | $535K | $600K | +12.1% |
| 4 Bedrooms | $787.5K | $917.5K | +16.5% |
| 5+ Bedrooms | $927.7K | $982.5K | +5.9% |
Summary: 20191 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 5.9%.
Housing Supply in 20191, VA
How many homes are available in 20191, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 88 | -9.3% |
Summary: The 20191 real estate market had 88 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 38 | 28 | -26.3% |
| 4 Bedrooms | 27 | 24 | -11.1% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 20191 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 37 | -17.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20191, you could pay more than the asking price. 43.2% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in 20191 in November 2024, down by 17.8% month-over-month. Of the 37 sold homes, 22% were sold under asking, 35% were sold at asking, and 43% were sold over asking.
Days on Market for 20191, VA
How long does it take to sell a home in 20191, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 15 Days | +37.5% |
Summary: Homes in 20191 had an average of 15 days on market in Nov 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20191 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in 20191; 89% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
