Dunn Loring, VA Housing Market
The Dunn Loring housing market is very competitive. The median sale price of a home in Dunn Loring was $1.1M last month, up 25.6% since last year. The median sale price per square foot in Dunn Loring is $331, down 6.2% since last year.
Dunn Loring Housing Market Trends
In March 2024, Dunn Loring home prices were up 25.6% compared to last year, selling for a median price of $1.1M. On average, homes in Dunn Loring sell after 5 days on the market compared to 19 days last year. There were 7 homes sold in March this year, up from 7 last year.
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How hot is the Dunn Loring housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 14 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 21 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 9 days.
- Hot homescan sell for about 9% above list price and go pending in around 3 days.
Dunn Loring Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Dunn Loring from outside metros.
- New York homebuyers searched to move into Dunn Loring more than any other metro followed by Atlanta and Hartford.
- 81% of Dunn Loring homebuyers searched to stay within the Dunn Loring metropolitan area.
- Salisbury was the most popular destination among Dunn Loring homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Dunn Loring
Recent offers
- Offer Not Accepted|9 Weeks Ago~$850K OfferSold for $950K4 bd | 3 ba | ~2,750 sqftOver List Price0%Days on Market4Competing Offers15Down Payment~40%
- Offer Not Accepted|9 Weeks Ago~$850K OfferSold for $950K4 bd | 3 ba | ~2,750 sqftOver List Price0%Days on Market4Competing Offers17Down Payment~50%Bret NidaDunn Loring Redfin Agent
Similar to many other regions in Northern Virginia (NOVA), the Vienna market heavily favors sellers, necessitating a strategic approach for buyers. Whether opting for tear-down properties or turnkey homes, sellers typically achieve a list-to-sales price ratio ranging between 5-6% above if the home is positioned to attract multiple offers. Despite my clients' submission of a robust offer—$50,000 over asking price and waiving all contingencies—they were unsuccessful in securing the property. This trend is likely to persist until inventory levels increase by 25-50% year-over-year.…
More - Offer Not Accepted|12 Weeks Ago~$750K OfferSold for $900K4 bd | 3 ba | ~2,250 sqftUnder List Price7%Days on Market6Competing Offers20Down Payment~20%
- Offer Not Accepted|9 Weeks Ago~$900K OfferSold for $950K4 bd | 3 ba | ~2,750 sqftOver List Price7%Days on Market4Competing Offers15Down Payment~10%
View houses in Dunn Loring that sold recently
Recently sold homes
- $1,190,000 Last Sold Price4 beds3.5 baths3,546 sq ft2055 Woodford Rd, Vienna, VA 22182(877) 765-5080List Price$1,099,000Sale to List8% over listDays on Market26 days2055 Woodford Rd, Vienna, VA 22182
- $1,059,300 Last Sold Price4 beds3 baths2,030 sq ft2523 Bull Run Ct, Vienna, VA 22180(703) 556-4222List Price$940,000Sale to List13% over listDays on Market27 days2523 Bull Run Ct, Vienna, VA 22180
- $975,000 Last Sold Price4 beds2.5 baths2,482 sq ft8002 Woodcroft Ct, Dunn Loring, VA 22027(703) 425-3582List Price$979,000Sale to List0% under listDays on Market43 days8002 Woodcroft Ct, Dunn Loring, VA 22027
- $1,071,000 Last Sold Price4 beds2.5 baths2,576 sq ft2503 Jackson Pkwy, Vienna, VA 22180(703) 938-6070List Price$950,000Sale to List13% over listDays on Market62 days2503 Jackson Pkwy, Vienna, VA 22180
- $750,000 Last Sold Price3 beds2 baths1,242 sq ft8331 Carnegie Dr, Vienna, VA 22180(703) 652-7000List Price$715,000Sale to List5% over listDays on Market23 days8331 Carnegie Dr, Vienna, VA 22180
- $1,425,000 Last Sold Price5 beds4.5 baths4,514 sq ft2348 Coal Train Dr, Dunn Loring, VA 22027(703) 790-9090List Price$1,450,000Sale to List2% under listDays on Market34 days2348 Coal Train Dr, Dunn Loring, VA 22027
- $925,000 Last Sold Price4 beds3 baths1,228 sq ft2312 Jackson Pkwy, Vienna, VA 22180(703) 361-1188List Price$925,000Sale to List0% over listDays on Market28 days2312 Jackson Pkwy, Vienna, VA 22180
- $855,000 Last Sold Price—beds—baths—sq ft2404 Luckett Ave, Vienna, VA 22180(703) 745-1212List Price$890,000Sale to List4% under listDays on Market34 days2404 Luckett Ave, Vienna, VA 22180
See all recently sold homes in Dunn Loring.
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Schools in Dunn Loring
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GreatSchools Rating
5/10 Stenwood Elementary School Public • PreK-6 | 570 Students | 17 reviews |
Climate's impact on Dunn Loring housing
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