$10,000 Closing Credit*
$880,000
3,502 SqFt
3 Beds
•3 Full Baths, 1 Partial
Mary Miceli, Listing Office: Long & Foster Real Estate, Inc.
Is 20194, 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, 20194 has remained a Seller's Market.
Key Takeaway
20194 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20194, VA
How much do homes in 20194, VA cost?
Median Sold Price
$650,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$55,000(-7.8%)
Key Takeaway
Homes in 20194 have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in 20194 was $650,000 in November 2024, down 7.8% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302K | $278K | -7.9% |
| 2 Bedrooms | $450K | $475.1K | +5.6% |
| 3 Bedrooms | $705K | $700K | -0.7% |
| 4 Bedrooms | $997K | $962K | -3.5% |
| 5+ Bedrooms | $1.3M | $1.3M | +6.5% |
Summary: 20194 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in 20194, VA
How many homes are available in 20194, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The 20194 real estate market had 30 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The 20194 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 increased by 11.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20194, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 20194 in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 20194, VA
How long does it take to sell a home in 20194, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 7 Days | -32.9% |
Summary: Homes in 20194 had an average of 7 days on market in Nov 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20194 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 20194; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
