$2,339 Closing Credit*
$197,000
535 SqFt
1 Bed
•1 Full Bath
Benjamin J Grouby, Listing Office: Redfin Corporation
Is Landmark / Van Dorn, 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, Landmark / Van Dorn has remained a Seller's Market.
Key Takeaway
Landmark / Van Dorn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Landmark / Van Dorn, VA
How much do homes in Landmark / Van Dorn, VA cost?
Median Sold Price
$352,775
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,775(+3.5%)
Key Takeaway
Homes in Landmark / Van Dorn have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Landmark / Van Dorn was $352,775 in October 2024, up 3.5% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237K | $257K | +8.4% |
| 2 Bedrooms | $331K | $355K | +7.3% |
| 3 Bedrooms | $640K | $705K | +10.2% |
| 4 Bedrooms | $892.5K | $967K | +8.3% |
| 5+ Bedrooms | $921K | $980K | +6.4% |
Summary: Landmark / Van Dorn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Lincolnia | $650K | $674.9K | +3.8% |
| Landmark / Van Dorn | $341K | $352.7K | +3.5% |
| Cameron Station | $732.4K | $752K | +2.7% |
Housing Supply in Landmark / Van Dorn, VA
How many homes are available in Landmark / Van Dorn, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 97 | +10.2% |
Summary: The Landmark / Van Dorn real estate market had 97 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 29 | +52.6% |
| 2 Bedrooms | 42 | 46 | +9.5% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Landmark / Van Dorn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 52.6%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 23 | -32.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Landmark / Van Dorn, expect to pay close to the asking price. 65.2% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Landmark / Van Dorn in October 2024, down by 32.4% month-over-month. Of the 23 sold homes, 9% were sold under asking, 65% were sold at asking, and 26% were sold over asking.
Days on Market for Landmark / Van Dorn, VA
How long does it take to sell a home in Landmark / Van Dorn, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 21 Days | +36.3% |
Summary: Homes in Landmark / Van Dorn had an average of 21 days on market in Oct 2024, up by 36.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Landmark / Van Dorn are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Landmark / Van Dorn; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
