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 November 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

$633,500

$417/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,500(-1.0%)

Key Takeaway

Homes in Nauck have sold for 1% less than they did a year ago.

Summary: The median home sold price in Nauck was $633,500 in November 2024, down 1% from last year, and the median price per square foot was $417.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$345K
+11.3%
2 $547.5K$546.5K
-0.2%
3 $645K$649K
+0.6%
4 $895K$1.0M
+16.2%
5+ $980K$1.0M
+8.2%

Summary: Nauck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 8.2%.

Housing Supply in Nauck, VA

How many homes are available in Nauck, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2523-8.0%

Summary: The Nauck real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 54
-20.0%
3 66
0.0%
4 88
0.0%
5+ 53
-40.0%

Summary: The Nauck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nauck, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Nauck in November 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
21 Days19 Days-11.3%

Summary: Homes in Nauck had an average of 19 days on market in Nov 2024, down by 11.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 5 homes were sold in Nauck; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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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