$5,699 Closing Credit*
$479,900
961 SqFt
2 Beds
•2 Full Baths
Kelly Denton, Listing Office: KW Metro Center
Is 22043, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 22043 has remained a Seller's Market.
Key Takeaway
22043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22043, VA
How much do homes in 22043, VA cost?
Median Sold Price
$850,000
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+8.3%)
Key Takeaway
Homes in 22043 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 22043 was $850,000 in November 2024, up 8.3% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $252.5K | +12.2% |
| 2 Bedrooms | $350K | $432.5K | +23.6% |
| 3 Bedrooms | $730K | $805K | +10.3% |
| 4 Bedrooms | $955K | $1.1M | +15.2% |
| 5+ Bedrooms | $1.6M | $1.7M | +3.3% |
Summary: 22043 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 22043, VA
How many homes are available in 22043, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 75 | -5.1% |
Summary: The 22043 real estate market had 75 homes for sale in November 2024, a 5.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 36 | 37 | +2.8% |
Summary: The 22043 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 2.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22043, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 22043 in November 2024, the same as the previous month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for 22043, VA
How long does it take to sell a home in 22043, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 47 Days | +202.5% |
Summary: Homes in 22043 had an average of 47 days on market in Nov 2024, up by 202.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22043 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 22043; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
