Merrifield, VA

Seller's market+16.5% YoY

Housing market overview · Updated weekly

$638,000median sale price

Homes sold

13

Last 12 weeks

Days on market

39

Average pace

Active listings

27

2.1 months supply

Sale-to-list

99.1%

Below asking

The Merrifield housing market is currently classified as a seller's market with a median sale price of $638,000. Prices have risen 16.5% compared to last year, with homes spending an average of 39 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Merrifield

There are currently 27 homes listed for sale in Merrifield, Virginia. The median listing price is $635K.

Active listings

27

Homes on market

Median list price

$635K

Avg. days on market

39

Days until sale

New this week

19

Newly listed

Price drops:11.1%of listings
Sale-to-list:99.1%

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Frequently asked questions

What is the average home price in Merrifield?

The median home sale price in Merrifield is $638,000, up 16.5% from last year.

How long do homes stay on market in Merrifield?

Homes typically spend 39 days on market before going under contract.

Is Merrifield a buyer's or seller's market?

With 2.1 months of supply, Merrifield is currently a seller's market.

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