Price With Power
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.
- 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.
What is a real estate market report?
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.
Why is a market report important before buying a home?
Why should sellers review a market report before listing?
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.