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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dahlgren is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dahlgren, VA

How much do homes in Dahlgren, VA cost?

Median Sold Price

$387,500

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,500(+0.6%)

Key Takeaway

Homes in Dahlgren have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Dahlgren was $387,500 in October 2024, up 0.6% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $198K$232K
+17.2%
3 $362K$375K
+3.6%
4 $385K$487.4K
+26.6%
5+ $527.5K$522.1K
-1.0%

Summary: Dahlgren housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Newburg
+20.5%
Shiloh
+13.4%
James Monroe
+12.5%
King George
+7.0%
Dahlgren
+0.6%

Housing Supply in Dahlgren, VA

How many homes are available in Dahlgren, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Dahlgren real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 84
-50.0%
4 15
+400.0%
5+ 22
0.0%

Summary: The Dahlgren housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dahlgren, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Dahlgren in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Dahlgren, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days21 Days+46.6%

Summary: Homes in Dahlgren had an average of 21 days on market in Oct 2024, up by 46.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Dahlgren; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Dahlgren, VA

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