$4,274 Closing Credit*
$359,900
876 SqFt
2 Beds
•1 Full Bath
Rachael M Kim, Listing Office: RE/MAX Gateway, LLC
Is 22033, 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, 22033 has remained a Seller's Market.
Key Takeaway
22033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22033, VA
How much do homes in 22033, VA cost?
Median Sold Price
$686,586
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,836(+10.6%)
Key Takeaway
Homes in 22033 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 22033 was $686,586 in October 2024, up 10.6% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $282.5K | +4.6% |
| 2 Bedrooms | $386.5K | $425K | +10.0% |
| 3 Bedrooms | $640K | $685K | +7.0% |
| 4 Bedrooms | $760K | $810K | +6.6% |
| 5+ Bedrooms | $965K | $1.2M | +34.2% |
Summary: 22033 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 34.2%.
Housing Supply in 22033, VA
How many homes are available in 22033, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 98 | +3.2% |
Summary: The 22033 real estate market had 98 homes for sale in October 2024, a 3.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 28 | 31 | +10.7% |
| 4 Bedrooms | 26 | 25 | -3.8% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 22033 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22033, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in 22033 in October 2024, up by 18.8% month-over-month. Of the 38 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% were sold over asking.
Days on Market for 22033, VA
How long does it take to sell a home in 22033, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 25 Days | +65.7% |
Summary: Homes in 22033 had an average of 25 days on market in Oct 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22033 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 38 homes were sold in 22033; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
