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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashburn is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Ashburn, VA

How much do homes in Ashburn, VA cost?

Median Sold Price

$651,298

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,284(-0.5%)

Key Takeaway

Homes in Ashburn have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Ashburn was $651,298 in November 2024, down 0.5% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $299.9K$315K
+5.0%
2 $453.7K$463K
+2.0%
3 $613K$645K
+5.2%
4 $845K$884.9K
+4.7%
5+ $937.5K$1.1M
+17.6%

Summary: Ashburn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Neighborhoods

Ashburn
-0.5%
Farmwell Hunt
-2.1%

Housing Supply in Ashburn, VA

How many homes are available in Ashburn, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138104-24.6%

Summary: The Ashburn real estate market had 104 homes for sale in November 2024, a 24.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 3325
-24.2%
3 6046
-23.3%
4 3222
-31.3%
5+ 139
-30.8%

Summary: The Ashburn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 24.2%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7340-45.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashburn, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 40 homes were sold or pending in Ashburn in November 2024, down by 45.2% month-over-month. Of the 40 sold homes, 33% were sold under asking, 18% were sold at asking, and 50% were sold over asking.

Days on Market for Ashburn, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days17 Days0.0%

Summary: Homes in Ashburn had an average of 17 days on market in Nov 2024, up by 0% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 40 homes were sold in Ashburn; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in Ashburn, VA

Nearby Markets to Ashburn, VA