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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nauck is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Nauck, VA

How much do homes in Nauck, VA cost?

Median Sold Price

$623,500

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,500(-2.6%)

Key Takeaway

Homes in Nauck have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Nauck was $623,500 in October 2024, down 2.6% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $480K$345K
-28.1%
2 $540K$547.5K
+1.4%
3 $645K$649K
+0.6%
4 $947.5K$1.0M
+5.6%
5+ $980K$1.0M
+8.2%

Summary: Nauck housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.1%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Neighborhoods

Nauck
-2.6%
Douglas Park
-6.3%

Housing Supply in Nauck, VA

How many homes are available in Nauck, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1926+36.8%

Summary: The Nauck real estate market had 26 homes for sale in October 2024, a 36.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 25
+150.0%
3 47
+75.0%
4 88
0.0%
5+ 45
+25.0%

Summary: The Nauck 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 increased by 150%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nauck, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Nauck in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Nauck, VA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days38 Days+351.8%

Summary: Homes in Nauck had an average of 38 days on market in Oct 2024, up by 351.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Nauck; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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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