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 October 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

$651,469

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30(0%)

Key Takeaway

The sold price of homes in Ashburn has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $299.9K$315K
+5.0%
2 $436K$469K
+7.6%
3 $610K$637.5K
+4.5%
4 $849.7K$877.9K
+3.3%
5+ $935K$1.1M
+17.6%

Summary: Ashburn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 17.6%.

Housing Supply in Ashburn, VA

How many homes are available in Ashburn, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130153+17.7%

Summary: The Ashburn real estate market had 153 homes for sale in October 2024, a 17.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 2935
+20.7%
3 5970
+18.6%
4 2733
+22.2%
5+ 1315
+15.4%

Summary: The Ashburn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4163+53.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

25 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. 39.7% of homes here sold above asking price last month.

Summary: A total of 63 homes were sold or pending in Ashburn in October 2024, up by 53.7% month-over-month. Of the 63 sold homes, 32% were sold under asking, 29% were sold at asking, and 40% 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

Oct 2023Oct 2024CHANGE
11 Days17 Days+45.9%

Summary: Homes in Ashburn had an average of 17 days on market in Oct 2024, up by 45.9% compared to last year.

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

11 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 October 2024, 63 homes were sold in Ashburn; 81% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 2% 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 16 Days Ago

Newest Listings in Ashburn, VA

Nearby Markets to Ashburn, VA