Is Waterford, VA 20197 a buyer’s or seller’s market?

The Waterford housing market right now

In the three months ending August 31, 2026, 18% of homes in Waterford, VA 20197 sold above their list price, the typical home went under contract in 73 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (55 days then) and the median sale price fell 4% to $1,199,481. Overall, Waterford is less competitive than a year ago, which gives buyers more room.

Within Loudoun County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 87%.

Nearby, buyers who want less competition could look at Paeonian Springs 20129 (0% sold over asking) or Middleburg 20117 (8% sold over asking), while Upperville 20184 (50% sold over asking) and Sterling 20164 (46% sold over asking) are even more competitive.