$8,894 Closing Credit*
$749,000
2,480 SqFt
4 Beds
•3 Full Baths, 1 Partial
Alexandra Londono, Listing Office: CENTURY 21 New Millennium
Is Stafford, 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, Stafford has remained a Seller's Market.
Key Takeaway
Stafford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stafford, VA
How much do homes in Stafford, VA cost?
Median Sold Price
$536,559
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,959(+4.7%)
Key Takeaway
Homes in Stafford have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Stafford was $536,559 in November 2024, up 4.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $182.5K | +4.3% |
| 2 Bedrooms | $287.5K | $302.7K | +5.3% |
| 3 Bedrooms | $419.9K | $436K | +3.8% |
| 4 Bedrooms | $530K | $565K | +6.6% |
| 5+ Bedrooms | $627K | $685K | +9.2% |
Summary: Stafford housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Griffis-Widewater | $467.9K | $499.9K | +6.8% |
| Aquia | $470K | $500.1K | +6.4% |
| Stafford | $512.6K | $536.5K | +4.7% |
| Rock Hill | $540K | $561.2K | +3.9% |
| Garrisonville | $499.9K | $502.5K | 0.5% |
Housing Supply in Stafford, VA
How many homes are available in Stafford, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 281 | 264 | -6.0% |
Summary: The Stafford real estate market had 264 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 75 | 68 | -9.3% |
| 4 Bedrooms | 110 | 99 | -10.0% |
| 5+ Bedrooms | 80 | 77 | -3.8% |
Summary: The Stafford housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 84 | -5.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stafford, you could pay more than the asking price. 36.9% of homes here sold above asking price last month.
Summary: A total of 84 homes were sold or pending in Stafford in November 2024, down by 5.6% month-over-month. Of the 84 sold homes, 29% were sold under asking, 35% were sold at asking, and 37% were sold over asking.
Days on Market for Stafford, VA
How long does it take to sell a home in Stafford, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +36.7% |
Summary: Homes in Stafford had an average of 28 days on market in Nov 2024, up by 36.7% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stafford are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 84 homes were sold in Stafford; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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