The 20148 housing market is very competitive. Homes in 20148 receive 4 offers on average and sell in around 25 days. The median sale price of a home in 20148 was $785K last month, up 1.9% since last year. The median sale price per square foot in 20148 is $289, up 9.7% since last year.
In March 2024, 20148 home prices were up 1.9% compared to last year, selling for a median price of $785K. On average, homes in 20148 sell after 25 days on the market compared to 35 days last year. There were 131 homes sold in March this year, up from 128 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$785,000
+1.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20148, VA
$785,000
+1.9%
United States
To compare other locations to the 20148 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia add value to a home.
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How hot is the 20148 housing market?
20148 is very competitive. Homes sell in 14 days.
0
100
86
Very Competitive
Redfin Compete Score™
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 1% above list price and go pending in around 14 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
20148, VA
101.0%
+1.4 pt
United States
Home offer insights for 20148
Explore recent offers and recently sold homes in 20148
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
8
Down Payment
~20%
Jake Barney
20148 Redfin Agent
We we waived everything including the HOA review. We also received an appraisal waiver but it went upwards of $620K.…
More
Offer Not Accepted|
8 Weeks Ago
~$1.25M Offer
Sold for $1.25M
5bd | 4.5ba | ~5,000sqft
Over List Price
2%
Days on Market
2
Competing Offers
4
Down Payment
~20%
Allison Taylor
20148 Redfin Agent
Went $55k above with no contingencies; 7 other offers and all went way above ours
Offer Not Accepted|
8 Weeks Ago
~$750K Offer
Sold for $800K
4bd | 3ba | ~2,500sqft
Over List Price
0%
Days on Market
4
Competing Offers
6
Down Payment
~40%
Matt Roberts
20148 Redfin Agent
Offer: $764,900
Escalation up to $775K
EMD: $7500
Down Payment: $300k
Loan Type: Conventional
Financing: 21 days
Appraisal: 15 days (Gap included)
Post Occupancy: 1 month
Lender: Phil Nguyen, Bay Equity
Home Sale Contingency …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Madison's Trust Elementary
Public • PreK-5
1208
Students
6 reviews
8/10
Rosa Lee Carter Elementary School
Public • PreK-5
906
Students
38 reviews
8/10
Legacy Elementary School
Public • PreK-5
1003
Students
10 reviews
7/10
Cedar Lane Elementary School
Public • PreK-5
796
Students
19 reviews
7/10
Mill Run Elementary School
Public • PreK-5
902
Students
13 reviews
Only showing 5 of
14 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 20148 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 20148.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
20148 has a moderate risk of flooding. 734 properties in 20148 are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in 20148. Flood risk is increasing slower than the national average.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
20148 has a moderate risk of wildfire. There are 10,949 properties in 20148 that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in 20148.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
20148 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 20148 is most at risk from hurricanes. 18,234 properties in 20148 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.