Manassas, VA Home Values & Market Trends

Real estate market trends reflect that there have been 1,853 transactions over the past year in Manassas. The median value for residential home transactions that occurred over the previous year is $508,603.77. The number of current listings in Manassas is 162, and the percentage of properties for sale in the city is 162.00%. Manassas, VA currently has 24 properties in foreclosure, 0 bank owned properties, 24 properties headed for auction, and 162 properties for sale.

Manassas, VA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
20110

$ 494,874

$ 254/sqft

20111

$ 550,000

$ 242/sqft

20110

$ 494,874

$ 254/sqft

20111

$ 550,000

$ 242/sqft

20112

$ 677,672

$ 227/sqft

20109

$ 399,000

$ 262/sqft

20112

$ 677,672

$ 227/sqft

20109

$ 399,000

$ 262/sqft

Housing Market Summary for Manassas, VA

Apr 2023March 2024Change
Median Listing Price$424.9K$500.1K17.68%
Median Sold Price$464.6K$500.1K7.65%
Homes For Sale198179-9.60%
Homes Sold72689022.59%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Manassas, VA

Manassas home values range from $34,720 to $9,708,002. The median estimated value of a home in Manassas is $508,603.77. The median list price of a home is 399,250, and the total count of properties in the city is 37,005.

Foreclosure
There are 8 zips within Manassas, VA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,221,764 in 20110 to the lowest value of $262,229 in 20110. Foreclosure homes account for 0.00% of properties in Manassas, VA with 20111 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Manassas, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 8 zips within Manassas, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Manassas, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Manassas, VA. There are 8 zips within Manassas, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    20111 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Manassas, VA. Auction homes and other auction properties account for 0.06% of all properties in Manassas, VA. There are 8 zips within Manassas, VA; of those zips, the median estimated home value for homes going to auction ranges from $1,221,764 in 20111 to the lowest value of $262,229 in 20111.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Manassas, VA with 20110 containing 57 homes for sale, the highest number of listed properties in a single zip. There are 8 zips within Manassas, VA; homes for sale in those zips, have a range of median values from $1,150,631 in 20111 to the lowest value of $132,657 in 20112.
    Sold Homes
    The median value for recently sold homes ranges from $1,927,525 in 20112 to the lowest price of $54,319 in 20112. There are 8 zips within Manassas, VA. 20110 has 371 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.42% of properties in Manassas, VA.

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      Guide for Manassas, VA

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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
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      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.