$6,234 Closing Credit*
$525,000
1,307 SqFt
2 Beds
•2 Full Baths
Kerry A Adams, Listing Office: Compass
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 November 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
$357,250
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,250(+5.1%)
Key Takeaway
Homes in Landmark / Van Dorn have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Landmark / Van Dorn was $357,250 in November 2024, up 5.1% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $236K | $257K | +8.9% |
| 2 Bedrooms | $330.5K | $358.7K | +8.5% |
| 3 Bedrooms | $627.5K | $707.5K | +12.7% |
| 4 Bedrooms | $892.5K | $967K | +8.3% |
| 5+ Bedrooms | $921K | $980K | +6.4% |
Summary: Landmark / Van Dorn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Cameron Station | $717.4K | $763K | +6.3% |
| Landmark / Van Dorn | $340K | $357.2K | +5.1% |
| Lincolnia | $655K | $665K | +1.5% |
Housing Supply in Landmark / Van Dorn, VA
How many homes are available in Landmark / Van Dorn, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 95 | +6.7% |
Summary: The Landmark / Van Dorn real estate market had 95 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 31 | +14.8% |
| 2 Bedrooms | 41 | 41 | 0.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Landmark / Van Dorn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 17 | -39.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 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. 41.2% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Landmark / Van Dorn in November 2024, down by 39.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 41% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | 0.1% |
Summary: Homes in Landmark / Van Dorn had an average of 17 days on market in Nov 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 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 November 2024, 17 homes were sold in Landmark / Van Dorn; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
