$7,113 Closing Credit*
$599,000
1,198 SqFt
2 Beds
•2 Full Baths
Deborah Mullan, Listing Office: Century 21 Redwood Realty
Is 22030, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 22030 has remained a Seller's Market.
Key Takeaway
22030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22030, VA
How much do homes in 22030, VA cost?
Median Sold Price
$812,966
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,966(+10.6%)
Key Takeaway
Homes in 22030 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 22030 was $812,966 in October 2024, up 10.6% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $308K | +2.7% |
| 2 Bedrooms | $440K | $450K | +2.3% |
| 3 Bedrooms | $675K | $750K | +11.1% |
| 4 Bedrooms | $800K | $877.4K | +9.7% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.2% |
Summary: 22030 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in 22030, VA
How many homes are available in 22030, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 110 | 114 | +3.6% |
Summary: The 22030 real estate market had 114 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 42 | 49 | +16.7% |
| 4 Bedrooms | 33 | 26 | -21.2% |
| 5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The 22030 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 46 | +35.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22030, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in 22030 in October 2024, up by 35.3% month-over-month. Of the 46 sold homes, 15% were sold under asking, 28% were sold at asking, and 57% were sold over asking.
Days on Market for 22030, VA
How long does it take to sell a home in 22030, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -13.3% |
Summary: Homes in 22030 had an average of 14 days on market in Oct 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22030 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 46 homes were sold in 22030; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
