$6,531 Closing Credit*
$550,000
1,936 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sandra C Dotson, Listing Office: Samson Properties
Is Woodbridge, 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, Woodbridge has remained a Seller's Market.
Key Takeaway
Woodbridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodbridge, VA
How much do homes in Woodbridge, VA cost?
Median Sold Price
$499,910
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,910(+6.4%)
Key Takeaway
Homes in Woodbridge have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Woodbridge was $499,910 in November 2024, up 6.4% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193K | $213.4K | +10.6% |
| 2 Bedrooms | $360K | $320K | -11.1% |
| 3 Bedrooms | $430K | $450K | +4.7% |
| 4 Bedrooms | $545.7K | $572K | +4.8% |
| 5+ Bedrooms | $679K | $725K | +6.8% |
Summary: Woodbridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
| Neabsco | $425K | $464.5K | +9.3% |
| Mount Vernon | $655K | $714.6K | +9.1% |
| Woodbridge | $470K | $499.9K | +6.4% |
Housing Supply in Woodbridge, VA
How many homes are available in Woodbridge, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 561 | 509 | -9.3% |
Summary: The Woodbridge real estate market had 509 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 38 | 36 | -5.3% |
| 3 Bedrooms | 256 | 231 | -9.8% |
| 4 Bedrooms | 171 | 153 | -10.5% |
| 5+ Bedrooms | 86 | 81 | -5.8% |
Summary: The Woodbridge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 5.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 219 | 139 | -36.5% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodbridge, you could pay more than the asking price. 36.7% of homes here sold above asking price last month.
Summary: A total of 139 homes were sold or pending in Woodbridge in November 2024, down by 36.5% month-over-month. Of the 139 sold homes, 32% were sold under asking, 32% were sold at asking, and 37% were sold over asking.
Days on Market for Woodbridge, VA
How long does it take to sell a home in Woodbridge, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 22 Days | +29.9% |
Summary: Homes in Woodbridge had an average of 22 days on market in Nov 2024, up by 29.9% compared to last year.
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodbridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 139 homes were sold in Woodbridge; 76% of homes were sold within 30 days, 22% 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