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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bealeton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bealeton, VA

How much do homes in Bealeton, VA cost?

Median Sold Price

$450,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,500(-1.9%)

Key Takeaway

Homes in Bealeton have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Bealeton was $450,500 in November 2024, down 1.9% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$192.8K
N/A
2 $201.5K$221K
+9.7%
3 $381.5K$424.9K
+11.4%
4 $529K$550K
+4.0%
5+ $520K$629.9K
+21.1%

Summary: Bealeton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 21.1%.

Median Sold Price Compared To Nearby Cities

Lee
0.0%
Cedar Run
0.0%
Bealeton
-1.9%
Midland
-10.6%

Housing Supply in Bealeton, VA

How many homes are available in Bealeton, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3626-27.8%

Summary: The Bealeton real estate market had 26 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 129
-25.0%
4 169
-43.8%
5+ 42
-50.0%

Summary: The Bealeton 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 43.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bealeton, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Bealeton in November 2024, down by 42.1% month-over-month. Of the 11 sold homes, 0% were sold under asking, 36% were sold at asking, and 64% were sold over asking.

Days on Market for Bealeton, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days19 Days-36.4%

Summary: Homes in Bealeton had an average of 19 days on market in Nov 2024, down by 36.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Bealeton; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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 Bealeton, VA

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