Real Estate Market Update for 20110 (Manassas, VA)
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 22% from one year earlier, and down 12% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 330-thousand dollars. The number of units sold increased 45% year-over-year, and increased 10% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 20110 (Manassas, VA)
Area Information for 20110 (Manassas, VA)
  • Population: 48,067
  • Median Age: 34.63 yr
  • Median Commute Time: 32 mins
  • Educational Climate*: 4
  • Sales Tax: 5%
  • Population Density: 3,806/sq mi
  • Population Change Since 2000: 21.98%
  • Closest Airport: Washington Dulles International
  • Closest College: George Mason University
  • Closest Jr. College: Northern Virginia Cmnty Cllg-woodbridge
  • Median Household Income: $75,268
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $271,500
  • Closest Major Sports Team: Potomac Nationals (a)
  • Change Avg. Household Income Since 2000: 25.78%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 20110 (Manassas, VA)
Median Age: 34.63 Married: 40% Number of Households: 15,516 Households with Children: 6,003
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 20110 (Manassas, VA)

      School Name Distance Type Grades School Rating Parent Rating
      Jennie Dean Elementary School 0.2 mi Public PRESCHOOL-4 0 0
      All Saints Catholic School 0.4 mi Catholic PRESCHOOL-8 0 0
      Pennington School 0.5 mi Public 1-8 5 0
      Grace Children's Learning Center 0.8 mi Private PRESCHOOL-K 0 0
      Baldwin Elementary School 0.8 mi Public PRESCHOOL-4 1 0
      Joseph B. Johnson Learning Center 0.9 mi Public 9-12 0 0
      George Carr Round Elementary School 0.9 mi Public PRESCHOOL-4 4 0
      Osbourn High School 0.9 mi Public 9-12 2 3
      Richard C Haydon Elementary School 1.0 mi Public PRESCHOOL-4 1 0
      Seton School 1.1 mi Catholic 7-12 0 4
      Grace E. Metz Middle School 1.2 mi Public 7-8 1 0
      Manassas Christian Academy 1.2 mi Private PRESCHOOL-K 0 0
      The Compass School Of Manassas 1.4 mi Private PRESCHOOL-K 0 0
      Seven Oaks Academy 1.4 mi Private PRESCHOOL-3 0 0
      Weems Elementary School 1.5 mi Public PRESCHOOL-4 2 0
      Mayfield Intermediate School 1.6 mi Public 5-6 0 0
      Apple Tree Preschool And Academy 1.6 mi Private PRESCHOOL-K 0 0
      Bennett Elementary School 1.9 mi Public K-5 4 0
      The Governor's School @ Innovation Park 2.0 mi Public 11-12 0 0
      Greater Mt Calvary Christian Preschool & Academy 2.2 mi Private PRESCHOOL-K 0 0
      Parkside Middle School 2.2 mi Public 6-8 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 20110 (Manassas, VA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.