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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pohick is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Pohick, VA

How much do homes in Pohick, VA cost?

Median Sold Price

$801,500

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$41,850(+5.5%)

Key Takeaway

Homes in Pohick have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Pohick was $801,500 in December 2024, up 5.5% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $310K$310K
0.0%
2 $415K$430K
+3.6%
3 $560K$605K
+8.0%
4 $825K$880.3K
+6.7%
5+ $957.5K$1.0M
+10.4%

Summary: Pohick housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 10.4%.

Housing Supply in Pohick, VA

How many homes are available in Pohick, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
243195-19.8%

Summary: The Pohick real estate market had 195 homes for sale in December 2024, a 19.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 8767
-23.0%
4 8971
-20.2%
5+ 5146
-9.8%

Summary: The Pohick housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 23%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes decreased by 9.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
10480-23.1%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pohick, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 80 homes were sold or pending in Pohick in December 2024, down by 23.1% month-over-month. Of the 80 sold homes, 38% were sold under asking, 23% were sold at asking, and 40% were sold over asking.

Days on Market for Pohick, VA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
16 Days18 Days+10.6%

Summary: Homes in Pohick had an average of 18 days on market in Dec 2024, up by 10.6% compared to last year.

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 80 homes were sold in Pohick; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% 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 8 Days Ago

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