#DCDC2177574, Van Johnson Jr., Listing Office: Frontier Realty Group
Fairfax Village / Naylor Gardens / Hillcrest / Good Hope Housing Market Report January 2025•District of Columbia County, District of Columbia
Housing Prices in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC
How much do homes in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC cost?
Housing Market Conditions
Is Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairfax Village / Naylor Gardens / Hillcrest / Good Hope is a Neutral Market
Difference Since January 2024
At the same time last year, Fairfax Village / Naylor Gardens / Hillcrest / Good Hope was a Seller's Market.
Fairfax Village / Naylor Gardens / Hillcrest / Good Hope is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope have sold for 35.7% less than they did a year ago.
Summary: The median home sold price in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope was $225,000 in January 2025, down 35.7% from last year, and the median price per square foot was $239.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $145K | $145K | 0.0% |
22 Bedrooms | $174K | $184.5K | +6.0% |
33 Bedrooms | $507.5K | $544K | +7.2% |
44 Bedrooms | $550K | $635K | +15.5% |
55+ Bedrooms | $762.5K | $1.1M | +54.9% |
Summary: Fairfax Village / Naylor Gardens / Hillcrest / Good Hope housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +6.0%. The home price for 3 bedroom homes increased by +7.2%. The home price for 4 bedroom homes increased by +15.5%. The home price for 5 bedroom homes increased by +54.9%.
Housing supply in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC
How many homes are available in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
41Last MonthJan 2025 | ||
392 months agoDec 2024 | +5.1 % Change MoMDec – Jan |
Summary: The Fairfax Village / Naylor Gardens / Hillcrest / Good Hope real estate market had 41 homes for sale in Jan 2025, a 5.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthJan 2025 | ||
72 months agoDec 2024 | -14.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 7 | 7 | 0.0% |
22 Bedrooms | 21 | 21 | 0.0% |
33 Bedrooms | 7 | 7 | 0.0% |
44 Bedrooms | 2 | 4 | +100.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Fairfax Village / Naylor Gardens / Hillcrest / Good Hope housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope in January 2025, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC
How long does it take to sell a home in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope, DC?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope has remained consistent over time.
Summary: During January 2025, 6 homes were sold in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
51 DaysThis YearJan 2025 | ||
25 Days1 year agoJan 2024 | +105.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Fairfax Village / Naylor Gardens / Hillcrest / Good Hope had an average listing age of 51 days in Jan 2025, up by 105.3% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 02/01/2023 - 02/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 3:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.