Market Insight

Price With Power

Your local market is constantly shifting knowing where you stand today gives you the upper hand tomorrow. Get the insights you need to price confidently, plan strategically, and maximize your return when you decide to sell.

Current Market Conditions 2025

See How the Market is Performing in Your Area

Total Residential Properties

2,976,946

Avg. Home Age (Single Family Home)

46 Years

Total 2025 Residential Sales (year-to-date)

87,998

% of Equity Rich Homes (Q4 2025)

35.58%

Effective 2024 Property Tax

1.04%

Total Commercial Properties

164,574

Avg. Square Feet (Single Family Home)

1,980

Total 2024 Residential Sales

117,006

Total Foreclosure Filings (year-to-date)

4,544

% of Homes Seriously Underwater (Q4 2025)

0.85%

MARKET REPORT

STAY INFORMED. MAKE SMART DECISIONS.

Our expert team delivers a data-driven, hyper-local market analysis built for buyers, sellers, and investors across the DMV. Unlike generic national reports, our insights combine real-time sales trends, neighborhood activity, inventory shifts, and buyer demand to give you a clear, actionable picture of the housing market.
  • Comparative Market Overview
    Evaluates recently sold homes, active listings, and pending sales in your neighborhood to show how your property or target area stacks up.
  • Neighborhood & Price Trend Analysis
    Tracks appreciation, supply levels, buyer activity, and inventory to identify where values are rising or stabilizing.
  • Property Feature Impact Assessment
    Considers size, condition, upgrades, layout, and lot features to understand how these influence market value and buyer interest.
  • Buyer Demand & Competition Score
    Measures the number of active buyers searching in your area and highlights how competitive the market is right now.
  • Projected Market Ranges & Pricing Guidance
    Provides transparent, realistic price ranges and trend insights to help set expectations for buying, selling, or investing.
  • Timing & Strategy Recommendations
    Offers personalized advice on the optimal time to buy, sell, or list your property to maximize offers and minimize market risk.

Virginia Housing Market Pricing Trends Every Buyer and Seller Should Know

Explore Current Home Values, High-Growth Areas, and Pricing Outlook Across Virginia Communities

Average Sale Price

Homes across Virginia are selling at an average price of approximately $455,000, reflecting steady year-over-year appreciation driven by strong demand in Northern Virginia, Richmond suburbs, and Hampton Roads.

Highest-Gaining Areas

Northern Virginia (Arlington, Fairfax, Loudoun) continues to lead price growth, with many neighborhoods seeing 4–6% annual increases due to limited inventory and commuter demand.

Pricing Outlook

Home values are expected to trend modestly upward, supported by population growth, job stability, and continued housing supply constraints, especially in high-demand counties.

Price Per Square Foot

The average price per square foot ranges from $240–$275, with higher figures in Northern Virginia and premium suburban markets near major employment centers.

Market Momentum

Virginia remains a balanced-to-seller-leaning market, with well-priced homes often receiving strong interest within the first few weeks of listing.

What This Means for You

Buyers benefit from careful timing and negotiation strategies, while sellers who price correctly from the start are seeing faster sales and stronger outcomes.

Neighborhood Insights

Local Hotspots by the Numbers

Inventory & Demand

Is It a Buyer’s or Seller’s Market?

Months of Inventory

2.1 months – still a strong seller's market

Buyer Activity

Remains high, especially for 3-bed homes under $500K

Homes Selling Fast

42% of homes sold in under 10 days

Looking To Sell Your Home?

Start your selling journey—get expert help and your free guide.

Quick Insights

market report FAQ:

Get clear, expert-backed answers to the most common questions about local real estate trends, home pricing, inventory, and market conditions to make informed buying, selling, or investing decisions.  

A real estate market report is a data-driven analysis of current housing conditions, including home prices, inventory levels, days on market, interest rate impact, buyer demand, and sales trends, helping buyers, sellers, and investors make informed decisions.

A market report helps buyers understand pricing trends, competition levels, negotiation power, and whether homes are appreciating or stabilizing, reducing the risk of overpaying and improving timing decisions.

Sellers use market reports to price homes accurately, determine ideal listing timing, understand buyer demand, and avoid overpricing, which can lead to longer days on market and price reductions.

Online estimates can provide a helpful starting point but are often inaccurate because they don’t account for renovations, property condition, neighborhood changes, or unique features. A professional CMA or in-person evaluation is the most reliable method.
Inventory refers to the number of homes available for sale; low inventory increases competition and prices, while higher inventory provides buyers with more choices and negotiating power.
Months of supply estimates how long it would take to sell all active listings at the current sales pace, under 4 months favors sellers, 4–6 months is balanced, and over 6 months favors buyers.
Market reports analyze trends like job growth, migration, interest rates, and supply; most DMV, area forecasts suggest moderate appreciation rather than sharp increases or declines.
Market reports are highly reliable for identifying overall pricing trends, buyer demand, and inventory shifts when they are based on verified MLS data and local market activity. However, individual property values can vary significantly based on condition, location, upgrades, and micro-neighborhood factors
Average price adds all sale prices and divides by total sales, while median price identifies the midpoint, median is preferred for market health and pricing strategy.
Buyers and sellers should review market reports monthly, while investors and professionals benefit from quarterly and year-over-year comparisons to spot long-term trends.
Median home price represents the middle value of all homes sold—half sold for more and half for less, making it more reliable than average price because it’s not skewed by luxury or distressed sales.
Days on market measures how long homes take to sell, lower DOM indicates strong demand and a seller’s market, while higher DOM signals slower activity and increased buyer leverage.
This depends on inventory levels, DOM, and price trends, low inventory with fast sales favors sellers, while rising inventory and longer DOM create a buyer-friendly or balanced market.
New construction adds inventory, stabilizes prices, offers builder incentives, and often influences nearby resale pricing, especially in suburban Virginia and Maryland markets.
Local reports reflect neighborhood, level data, school zones, commute patterns, and regional demand, making them far more actionable than broad national housing statistics.
Rising days on market, increasing price reductions, growing inventory, fewer bidding wars, and declining pending sales all signal a cooling or transitioning market.
Yes, condos often respond faster to interest rate changes, while single-family homes maintain stronger long-term demand due to land value and family-driven preferences.
Spring and summer typically show higher prices and faster sales, while fall and winter bring reduced competition, more negotiation flexibility, and longer DOM.
Absolutely, investors analyze appreciation trends, rent growth, price-to-rent ratios, inventory shifts, and emerging neighborhoods to identify high-ROI opportunities.
A skilled real estate agent interprets market data, applies hyper-local insights, adjusts pricing strategies, and tailors negotiation tactics based on real-time market conditions.