$10,000 Closing Credit*
$1,379,995
7,148 SqFt
7 Beds
•5 Full Baths, 1 Partial
Karl Acorda, Listing Office: Realty ONE Group Capital
Is 20197, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20197 has remained a Seller's Market.
Key Takeaway
20197 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20197, VA
How much do homes in 20197, VA cost?
Median Sold Price
$849,900
$264/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$317,595(-27.2%)
Key Takeaway
Homes in 20197 have sold for 27.2% less than they did a month ago.
Summary: The median home sold price in 20197 was $849,900 in November 2024, down 27.2% from last month, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $620K | N/A |
| 3 Bedrooms | $624.5K | - | N/A |
| 4 Bedrooms | $1.3M | $849.9K | -35.5% |
| 5+ Bedrooms | $1.4M | $1.1M | -22.0% |
Summary: 20197 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes decreased by 22%.
Housing Supply in 20197, VA
How many homes are available in 20197, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Summary: The 20197 real estate market had 7 homes for sale in November 2024, a 41.7% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 20197 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 20197, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 20197 in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 20197, VA
How long does it take to sell a home in 20197, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +98.7% |
Summary: Homes in 20197 had an average of 51 days on market in Nov 2024, up by 98.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20197 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 20197; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
