$5,225 Closing Credit*
$440,000
1,888 SqFt
4 Beds
•2 Full Baths, 1 Partial
Hadeer A Awan, Listing Office: Smart Realty, LLC
Is Prince William County, 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, Prince William County has remained a Seller's Market.
Key Takeaway
Prince William County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prince William County, VA
How much do homes in Prince William County, VA cost?
Median Sold Price
$560,133
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$43,144(+8.3%)
Key Takeaway
Homes in Prince William County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Prince William County was $560,133 in November 2024, up 8.3% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $222.4K | +14.1% |
| 2 Bedrooms | $368K | $381.3K | +3.6% |
| 3 Bedrooms | $448.9K | $478.2K | +6.5% |
| 4 Bedrooms | $611.8K | $655.3K | +7.1% |
| 5+ Bedrooms | $749.9K | $799.9K | +6.7% |
Summary: Prince William County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Counties
| Prince William County | $516.9K | $560.1K | +8.3% |
| Fairfax County | $674K | $721.6K | +7.1% |
| Fauquier County | $560K | $599.6K | +7.1% |
| Loudoun County | $685.7K | $726.2K | +5.9% |
| Stafford County | $500K | $519.8K | +4.0% |
Housing Supply in Prince William County, VA
How many homes are available in Prince William County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,201 | 1,095 | -8.8% |
Summary: The Prince William County real estate market had 1,095 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 85 | 80 | -5.9% |
| 3 Bedrooms | 499 | 460 | -7.8% |
| 4 Bedrooms | 390 | 355 | -9.0% |
| 5+ Bedrooms | 216 | 190 | -12.0% |
Summary: The Prince William County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 451 | 334 | -25.9% |
Asking Price vs. Sold Price
114 Homes Were Sold
Under Asking
97 Homes Were Sold
At Asking
123 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prince William County, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.
Summary: A total of 334 homes were sold or pending in Prince William County in November 2024, down by 25.9% month-over-month. Of the 334 sold homes, 34% were sold under asking, 29% were sold at asking, and 37% were sold over asking.
Days on Market for Prince William County, VA
How long does it take to sell a home in Prince William County, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 22 Days | +21.2% |
Summary: Homes in Prince William County had an average of 22 days on market in Nov 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
249 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Prince William County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 334 homes were sold in Prince William County; 75% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved