$5,617 Closing Credit*
$473,000
1,590 SqFt
2 Beds
•2 Full Baths, 1 Partial
Jeannie Marie LaCroix, Listing Office: Long & Foster Real Estate, Inc.
Is Occoquan, 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, Occoquan has remained a Seller's Market.
Key Takeaway
Occoquan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Occoquan, VA
How much do homes in Occoquan, VA cost?
Median Sold Price
$527,060
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$67,060(+14.6%)
Key Takeaway
Homes in Occoquan have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Occoquan was $527,060 in October 2024, up 14.6% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $446K | $444.9K | -0.2% |
| 3 Bedrooms | $460K | $551K | +19.8% |
| 4 Bedrooms | $645K | $610.2K | -5.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Occoquan 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 decreased by 0.2%, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Occoquan | $460K | $527K | +14.6% |
| Mount Vernon | $655K | $704.9K | +7.6% |
Housing Supply in Occoquan, VA
How many homes are available in Occoquan, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The Occoquan real estate market had 3 homes for sale in October 2024, a 50.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Occoquan 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Occoquan, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Occoquan in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Occoquan, VA
How long does it take to sell a home in Occoquan, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 4 Days | -83.0% |
Summary: Homes in Occoquan had an average of 4 days on market in Oct 2024, down by 83% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Occoquan are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Occoquan; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.