$5,094 Closing Credit*
$429,000
1,809 SqFt
3 Beds
•2 Full Baths, 1 Partial
Adil Benyoussef, Listing Office: The Piedmont Realty Group of Northern Virginia
Is Bull Run, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Bull Run has remained a Seller's Market.
Key Takeaway
Bull Run is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bull Run, VA
How much do homes in Bull Run, VA cost?
Median Sold Price
$363,750
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$19,750(+5.7%)
Key Takeaway
Homes in Bull Run have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Bull Run was $363,750 in August 2024, up 5.7% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $207.5K | +3.8% |
| 2 Bedrooms | $295K | $322K | +9.2% |
| 3 Bedrooms | $411K | $464K | +12.9% |
| 4 Bedrooms | $482.5K | $475K | -1.6% |
| 5+ Bedrooms | $875K | - | N/A |
Summary: Bull Run housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Sudley | $402K | $435K | +8.2% |
| Bull Run | $344K | $363.7K | +5.7% |
Housing Supply in Bull Run, VA
How many homes are available in Bull Run, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 36 | 45 | +25.0% |
Summary: The Bull Run real estate market had 45 homes for sale in August 2024, a 25.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Bull Run housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bull Run, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Bull Run in August 2024, up by 41.7% month-over-month. Of the 17 sold homes, 24% were sold under asking, 47% were sold at asking, and 29% were sold over asking.
Days on Market for Bull Run, VA
How long does it take to sell a home in Bull Run, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 5 Days | 13 Days | +149.7% |
Summary: Homes in Bull Run had an average of 13 days on market in Aug 2024, up by 149.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bull Run are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 17 homes were sold in Bull Run; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
