Cascades, VA Housing Market
The Cascades housing market is most competitive. The median sale price of a home in Cascades was $740K last month, up 20.3% since last year. The median sale price per square foot in Cascades is $286, down 7.6% since last year.
Cascades Housing Market Trends
In April 2024, Cascades home prices were up 20.3% compared to last year, selling for a median price of $740K. On average, homes in Cascades sell after 6 days on the market compared to 6 days last year. There were 11 homes sold in April this year, up from 11 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cascades housing market?
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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 6 days.
- Hot homescan sell for about 6% above list price and go pending in around 4 days.
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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 5 days.
- Hot homescan sell for about 5% above list price and go pending in around 1 day.
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
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 24 days.
- Hot homescan sell for about 4% above list price and go pending in around 9 days.
Cascades Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Cascades from outside metros.
- New York homebuyers searched to move into Cascades more than any other metro followed by Hartford and Philadelphia.
- 82% of Cascades homebuyers searched to stay within the Cascades metropolitan area.
- Salisbury was the most popular destination among Cascades homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Cascades
Recent offers
- Offer Not Accepted|4 Weeks Ago~$650K OfferSold for $650K4 bd | 3 ba | ~2,500 sqftOver List Price1%Days on Market4Competing Offers1Down Payment~40%
- Offer Not Accepted|11 Weeks Ago~$650K OfferSold for $700K3 bd | 3.5 ba | ~2,500 sqftOver List Price0%Days on Market5Competing Offers19Down Payment~20%
View houses in Cascades that sold recently
Recently sold homes
- $882,440 Last Sold Price2 beds2 baths1,678 sq ft46417 Blackrock Summit Ter, Sterling, VA 20164(410) 525-5435List Price$882,440Sale to List0% over listDays on Market64 days46417 Blackrock Summit Ter, Sterling, VA 20164
- $1,190,000 Last Sold Price5 beds4.5 baths4,760 sq ft20388 Winfield Pl, Potomac Falls, VA 20165(703) 378-8810 Redfin CorporationList Price$1,150,000Sale to List3% over listDays on Market38 days20388 Winfield Pl, Potomac Falls, VA 20165
- $616,000 Last Sold Price3 beds3 baths2,268 sq ft46602 Lynnhaven Sq, Sterling, VA 20165(703) 533-1500List Price$616,000Sale to List0% over listDays on Market38 days46602 Lynnhaven Sq, Sterling, VA 20165
- $1,100,000 Last Sold Price5 beds3.5 baths3,977 sq ft20765 Eastlake Ct, Sterling, VA 20165(703) 214-5100List Price$1,100,000Sale to List0% over listDays on Market43 days20765 Eastlake Ct, Sterling, VA 20165
- $384,000 Last Sold Price2 beds2 baths1,103 sq ft21228 Mcfadden Sq #314, Sterling, VA 20165(703) 716-2900List Price$379,900Sale to List1% over listDays on Market29 days21228 Mcfadden Sq #314, Sterling, VA 20165
- $949,162 Last Sold Price3 beds3 baths2,450 sq ft46405 Blackrock Summit Ter, Sterling, VA 20164(410) 525-5435List Price$949,540Sale to List0% under listDays on Market289 days46405 Blackrock Summit Ter, Sterling, VA 20164
- $640,000 Last Sold Price4 beds3 baths2,428 sq ft20397 Ashcroft Ter, Sterling, VA 20165(703) 471-7220List Price$628,500Sale to List2% over listDays on Market25 days20397 Ashcroft Ter, Sterling, VA 20165
- $868,000 Last Sold Price5 beds3.5 baths3,034 sq ft46522 Cedarhurst Dr, Sterling, VA 20165(703) 759-6300List Price$799,900Sale to List9% over listDays on Market35 days46522 Cedarhurst Dr, Sterling, VA 20165
See all recently sold homes in Cascades.
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Schools in Cascades
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Horizon Elementary School Public • PreK-5 | 507 Students | 30 reviews |
3/10 Dominion High School Public • PreK-12 | 1510 Students | 22 reviews |
3/10 Meadowland Elementary School Public • PreK-5 | 395 Students | 14 reviews |
3/10 Potowmack Elementary School Public • PreK-5 | 515 Students | 21 reviews |
2/10 Sugarland Elementary School Public • PreK-5 | 523 Students | 9 reviews |
Climate's impact on Cascades housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cascades.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Cascades
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