Is 22033, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22033 is a seller's market

Buyer's
Market

Difference Since November 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

$690,695

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,007(+8.1%)

Key Takeaway

Homes in 22033 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 22033 was $690,695 in November 2024, up 8.1% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $275K$283.7K
+3.2%
2 $386K$425K
+10.1%
3 $650K$689.9K
+6.1%
4 $760K$810K
+6.6%
5+ $986.2K$1.2M
+31.3%

Summary: 22033 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Zip Codes

22124
+10.5%
22033
+8.1%
22030
+8.1%
20171
+7.6%
20151
-5.3%

Housing Supply in 22033, VA

How many homes are available in 22033, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9482-12.8%

Summary: The 22033 real estate market had 82 homes for sale in November 2024, a 12.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 2719
-29.6%
3 2926
-10.3%
4 2524
-4.0%
5+ 64
-33.3%

Summary: The 22033 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 29.6%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4123-43.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22033, you could pay more than the asking price. 56.5% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 22033 in November 2024, down by 43.9% month-over-month. Of the 23 sold homes, 22% were sold under asking, 22% were sold at asking, and 57% 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

Nov 2023Nov 2024CHANGE
10 Days13 Days+33.3%

Summary: Homes in 22033 had an average of 13 days on market in Nov 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22033 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in 22033; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 22033, VA

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