$5,463 Closing Credit*
$460,000
1,036 SqFt
1 Bed
•1 Full Bath
Aslan Ettehadieh, Listing Office: Samson Properties
Is Vienna, 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, Vienna has remained a Seller's Market.
Key Takeaway
Vienna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vienna, VA
How much do homes in Vienna, VA cost?
Median Sold Price
$1,100,007
$396/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,007(+7.3%)
Key Takeaway
Homes in Vienna have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Vienna was $1,100,007 in October 2024, up 7.3% from last year, and the median price per square foot was $396.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $308K | $340K | +10.4% |
| 2 Bedrooms | $395K | $504K | +27.6% |
| 3 Bedrooms | $820K | $850K | +3.7% |
| 4 Bedrooms | $1.0M | $1.0M | +8.0% |
| 5+ Bedrooms | $1.6M | $1.6M | -0.4% |
Summary: Vienna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Hunter Mill | $673.3K | $723.1K | +7.4% |
| Vienna | $1.0M | $1.1M | +7.3% |
| Providence | $631.7K | $664.9K | +5.3% |
Housing Supply in Vienna, VA
How many homes are available in Vienna, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 198 | 210 | +6.1% |
Summary: The Vienna real estate market had 210 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 32 | 37 | +15.6% |
| 4 Bedrooms | 58 | 59 | +1.7% |
| 5+ Bedrooms | 95 | 101 | +6.3% |
Summary: The Vienna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 56 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vienna, you could pay more than the asking price. 41.1% of homes here sold above asking price last month.
Summary: A total of 56 homes were sold or pending in Vienna in October 2024, the same as the previous month. Of the 56 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% were sold over asking.
Days on Market for Vienna, VA
How long does it take to sell a home in Vienna, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 15 Days | -28.7% |
Summary: Homes in Vienna had an average of 15 days on market in Oct 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vienna are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 56 homes were sold in Vienna; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
