$5,094 Closing Credit*
$429,000
1,230 SqFt
2 Beds
•2 Full Baths
Deborah L Robinson, Listing Office: Samson Properties
Is Bull Run District, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bull Run District has remained a Seller's Market.
Key Takeaway
Bull Run District is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bull Run District, VA
How much do homes in Bull Run District, VA cost?
Median Sold Price
$640,666
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,666(+9.5%)
Key Takeaway
Homes in Bull Run District have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Bull Run District was $640,666 in October 2024, up 9.5% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $280K | +1.8% |
| 2 Bedrooms | $375K | $410K | +9.3% |
| 3 Bedrooms | $540K | $590K | +9.3% |
| 4 Bedrooms | $776.2K | $806.6K | +3.9% |
| 5+ Bedrooms | $995K | $1.0M | +3.0% |
Summary: Bull Run District housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Neighborhoods
| Centreville | $530.5K | $585K | +10.3% |
| Bull Run District | $585K | $640.6K | +9.5% |
Housing Supply in Bull Run District, VA
How many homes are available in Bull Run District, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 264 | 302 | +14.4% |
Summary: The Bull Run District real estate market had 302 homes for sale in October 2024, a 14.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 16 | +45.5% |
| 2 Bedrooms | 41 | 46 | +12.2% |
| 3 Bedrooms | 102 | 110 | +7.8% |
| 4 Bedrooms | 74 | 81 | +9.5% |
| 5+ Bedrooms | 36 | 49 | +36.1% |
Summary: The Bull Run District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 36.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 95 | +5.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bull Run District, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.
Summary: A total of 95 homes were sold or pending in Bull Run District in October 2024, up by 5.6% month-over-month. Of the 95 sold homes, 24% were sold under asking, 27% were sold at asking, and 48% were sold over asking.
Days on Market for Bull Run District, VA
How long does it take to sell a home in Bull Run District, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | -1.8% |
Summary: Homes in Bull Run District had an average of 17 days on market in Oct 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bull Run District are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 95 homes were sold in Bull Run District; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
