$5,344 Closing Credit*
$450,000
1,152 SqFt
2 Beds
•2 Full Baths
Joseph E Hawkins, Listing Office: Hawkins Real Estate Company
Is Bull Run, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$800,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-1.2%)
Key Takeaway
Homes in Bull Run have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Bull Run was $800,000 in November 2024, down 1.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $250.5K | -0.6% |
| 2 Bedrooms | $377.5K | $399K | +5.7% |
| 3 Bedrooms | $409.5K | $615K | +50.2% |
| 4 Bedrooms | $885K | $992.5K | +12.1% |
| 5+ Bedrooms | $1.2M | $1.1M | -8.3% |
Summary: Bull Run housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 50.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Sudley | $406K | $450K | +10.8% |
| Bull Run District | $592.2K | $637K | +7.6% |
| Bull Run | $810K | $800K | -1.2% |
Housing Supply in Bull Run, VA
How many homes are available in Bull Run, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Bull Run real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Bull Run housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bull Run, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Bull Run in November 2024, up by 116.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +11.8% |
Summary: Homes in Bull Run had an average of 13 days on market in Nov 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were 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 November 2024, 13 homes were sold in Bull Run; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
