$1,000,000
0.32 Acres
Land
Jason Cheperdak, 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 November 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
$1,137,712
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$124,462(+12.3%)
Key Takeaway
Homes in Vienna have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Vienna was $1,137,712 in November 2024, up 12.3% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $340K | +9.7% |
| 2 Bedrooms | $391.6K | $509K | +30.0% |
| 3 Bedrooms | $820K | $855K | +4.3% |
| 4 Bedrooms | $1.0M | $1.1M | +10.0% |
| 5+ Bedrooms | $1.6M | $1.6M | 0.0% |
Summary: Vienna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vienna | $1.0M | $1.1M | +12.3% |
| Hunter Mill | $676.8K | $730.6K | +8.0% |
| Providence | $633K | $662.4K | +4.6% |
Housing Supply in Vienna, VA
How many homes are available in Vienna, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 182 | 170 | -6.6% |
Summary: The Vienna real estate market had 170 homes for sale in November 2024, a 6.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 5 | -44.4% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 33 | 25 | -24.2% |
| 4 Bedrooms | 56 | 45 | -19.6% |
| 5+ Bedrooms | 81 | 91 | +12.3% |
Summary: The Vienna housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 24.2%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 12.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 46 | -19.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vienna, you could pay more than the asking price. 58.7% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Vienna in November 2024, down by 19.3% month-over-month. Of the 46 sold homes, 28% were sold under asking, 13% were sold at asking, and 59% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 13 Days | -34.6% |
Summary: Homes in Vienna had an average of 13 days on market in Nov 2024, down by 34.6% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
3 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 November 2024, 46 homes were sold in Vienna; 91% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
