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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dulles is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Dulles, VA

How much do homes in Dulles, VA cost?

Median Sold Price

$792,247

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$31,025(+4.1%)

Key Takeaway

Homes in Dulles have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Dulles was $792,247 in December 2024, up 4.1% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $305K$310K
+1.7%
2 $430K$459K
+6.7%
3 $608.2K$649.4K
+6.8%
4 $867.5K$910K
+4.9%
5+ $1.1M$1.2M
+9.9%

Summary: Dulles housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Sterling
+8.4%
Dulles
+4.1%
Chantilly
+3.9%
Aldie
+2.0%
Broad Run
-0.4%

Housing Supply in Dulles, VA

How many homes are available in Dulles, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
296242-18.2%

Summary: The Dulles real estate market had 242 homes for sale in December 2024, a 18.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 77
0.0%
2 3334
+3.0%
3 134109
-18.7%
4 7556
-25.3%
5+ 4736
-23.4%

Summary: The Dulles housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 18.7%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes decreased by 23.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
108102-5.6%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dulles, expect to pay close to the asking price. 36.3% of homes here sold near the asking price last month.

Summary: A total of 102 homes were sold or pending in Dulles in December 2024, down by 5.6% month-over-month. Of the 102 sold homes, 32% were sold under asking, 36% were sold at asking, and 31% were sold over asking.

Days on Market for Dulles, VA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days19 Days+3.5%

Summary: Homes in Dulles had an average of 19 days on market in Dec 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

81 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 102 homes were sold in Dulles; 79% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 1% 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 4 Days Ago

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