Altos Research

Herndon, VA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Herndon, VA

Fri Jul 19 2019
This week the median list price for Herndon, VA is $742,494 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has held steady at or around 86. Click here to stay informed with the Herndon market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Herndon, VA

Fri Jul 19 2019
This week the median list price for Herndon, VA is $742,494 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has held steady at or around 86. Click here to stay informed with the Herndon market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Herndon market.
Median List Price $742,494
Per Square Foot $214
Days on Market 55
Price Decreased 50%
Price Increased 3%
Relisted 10%
Inventory 86
Median House Rent $2,400
Most Expensive $1,689,990
Least Expensive $440,000
Market Action Index
Strong Seller's Market
51

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,129,000 5,715 0.5 - 1 acre 5 4 23 1 1 96
$849,999 3,839 0.25 - 0.5 acre 4 4 21 1 1 48
$683,500 2,926 0.25 - 0.5 acre 4 3 34 4 7 37
$522,207 2,140 0.25 - 0.5 acre 4 2 41 4 3 42