Is Fort Hunt, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Hunt is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fort Hunt, VA

How much do homes in Fort Hunt, VA cost?

Median Sold Price

$958,000

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,500(+6.7%)

Key Takeaway

Homes in Fort Hunt have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Fort Hunt was $958,000 in October 2024, up 6.7% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.2M-
N/A
2 $665K$817.2K
+22.9%
3 $750K$850K
+13.3%
4 $897.5K$950K
+5.8%
5+ $1.0M$1.2M
+13.7%

Summary: Fort Hunt 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 22.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 13.7%.

Housing Supply in Fort Hunt, VA

How many homes are available in Fort Hunt, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4643-6.5%

Summary: The Fort Hunt real estate market had 43 homes for sale in October 2024, a 6.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 69
+50.0%
4 2220
-9.1%
5+ 1814
-22.2%

Summary: The Fort Hunt 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Hunt, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Fort Hunt in October 2024, down by 33.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Fort Hunt, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days48 Days+225.3%

Summary: Homes in Fort Hunt had an average of 48 days on market in Oct 2024, up by 225.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Fort Hunt; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

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