$10,000 Closing Credit*
$2,499,000
2,326 SqFt
3 Beds
•2 Full Baths, 1 Partial
Bradley J Boland, Listing Office: Keller Williams Realty Dulles
Is Warrenton, 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, Warrenton has remained a Seller's Market.
Key Takeaway
Warrenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Warrenton, VA
How much do homes in Warrenton, VA cost?
Median Sold Price
$650,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,000(+8.2%)
Key Takeaway
Homes in Warrenton have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Warrenton was $650,000 in October 2024, up 8.2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $203.1K | N/A |
| 2 Bedrooms | $298K | $365K | +22.5% |
| 3 Bedrooms | $490K | $515K | +5.1% |
| 4 Bedrooms | $650K | $715.6K | +10.1% |
| 5+ Bedrooms | $817.5K | $835K | +2.1% |
Summary: Warrenton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Warrenton, VA
How many homes are available in Warrenton, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 174 | 179 | +2.9% |
Summary: The Warrenton real estate market had 179 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 59 | 59 | 0.0% |
| 4 Bedrooms | 64 | 64 | 0.0% |
| 5+ Bedrooms | 42 | 45 | +7.1% |
Summary: The Warrenton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 53 | +10.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Warrenton, you could pay more than the asking price. 47.2% of homes here sold above asking price last month.
Summary: A total of 53 homes were sold or pending in Warrenton in October 2024, up by 10.4% month-over-month. Of the 53 sold homes, 25% were sold under asking, 28% were sold at asking, and 47% were sold over asking.
Days on Market for Warrenton, VA
How long does it take to sell a home in Warrenton, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 21 Days | +7.7% |
Summary: Homes in Warrenton had an average of 21 days on market in Oct 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Warrenton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 53 homes were sold in Warrenton; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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