Washington Housing Market Report December 2024Rappahannock County, Virginia

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Housing Prices in Washington, VA

How much do homes in Washington, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$565,000$377/SqFt
-$334,000
-37.2%

Based on all homes listed in December 2024

Insight

The list price of homes in Washington has decreased by 37.2% since November.

Summary: The median home list price in Washington was $565,000 in December 2024, down 37.2% from the previous month, and the median price per square foot was $377.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$540K$540K
0.0%
3$694.7K$565K
-18.7%
4$2.2M$2.9M
+29.5%
5$2.6M$2.6M
0.0%

Summary: Washington housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -18.7%. The home price for 4 bedroom homes increased by +29.5%. The home price for 5 bedroom homes did not change.

Housing supply in Washington, VA

How many homes are available in Washington, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
13Last MonthDec 2024
122 months agoNov 2024
+8.3 %
Change MoMNov – Dec

Summary: The Washington real estate market had 13 homes for sale in Dec 2024, a 8.3 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
212
+100.0%
368
+33.3%
442
-50.0%
511
0.0%

Summary: Washington housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Washington, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price2 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Washington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Washington in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.

Days on Market for Washington, VA

How long does it take to sell a home in Washington, VA?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Many homes in Washington are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Washington; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
152 DaysLast MonthDec 2024
170 Days1 month agoNov 2024
-10.4 %
Change MoMNov – Dec

Summary: Homes in Washington had an average listing age of 152 days in Dec 2024, down by 10.4% compared to the previous month.

Newest Listings in Washington, VA

What homes are available in Washington, VA?

Nearby markets

Nearby markets aren't available for Washington, VA

MLS Disclaimers and Copyright

Based on information from Charlottesville Area Association of Realtors MLS, and BrightMLS for the period 11/01/2024 - 01/01/2025

IDX 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.

Copyright © 2025 Charlottesville Area Association of Realtors®. 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: 1/21/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

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: 1/21/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.