$5,463 Closing Credit*
$460,000
1,822 SqFt
5 Beds
•2 Full Baths, 1 Partial
Emerica A Karefa-Kargbo, Listing Office: KW Metro Center
Is Dale City, 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, Dale City has remained a Seller's Market.
Key Takeaway
Dale City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dale City, VA
How much do homes in Dale City, VA cost?
Median Sold Price
$480,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,024(+9.1%)
Key Takeaway
Homes in Dale City have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Dale City was $480,000 in October 2024, up 9.1% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $396K | $345K | -12.9% |
| 3 Bedrooms | $394.6K | $425.1K | +7.7% |
| 4 Bedrooms | $470K | $513.9K | +9.4% |
| 5+ Bedrooms | $550K | $542.5K | -1.4% |
Summary: Dale City 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 decreased by 12.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Potomac Mills | $400K | $660K | +65.0% |
| County Center | $510K | $675K | +32.4% |
| Dale City | $439.9K | $480K | +9.1% |
| Lake Ridge | $460K | $499.8K | +8.7% |
| Montclair | $554K | $600K | +8.3% |
Housing Supply in Dale City, VA
How many homes are available in Dale City, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 169 | 182 | +7.7% |
Summary: The Dale City real estate market had 182 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 68 | 83 | +22.1% |
| 4 Bedrooms | 76 | 74 | -2.6% |
| 5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Dale City 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 increased by 22.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 64 | +18.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dale City, you could pay more than the asking price. 59.4% of homes here sold above asking price last month.
Summary: A total of 64 homes were sold or pending in Dale City in October 2024, up by 18.5% month-over-month. Of the 64 sold homes, 11% were sold under asking, 30% were sold at asking, and 59% were sold over asking.
Days on Market for Dale City, VA
How long does it take to sell a home in Dale City, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 12 Days | -30.8% |
Summary: Homes in Dale City had an average of 12 days on market in Oct 2024, down by 30.8% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dale City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 64 homes were sold in Dale City; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
