Is 22044, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22044 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 22044 was a Seller's Market.

Key Takeaway

22044 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 22044, VA

How much do homes in 22044, VA cost?

Median Sold Price

$765,000

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,461(+5.7%)

Key Takeaway

Homes in 22044 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 22044 was $765,000 in November 2024, up 5.7% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$207K
-3.7%
2 $250.1K$251.2K
0.5%
3 $800.5K$807.5K
+0.9%
4 $884.5K$1.0M
+23.0%
5+ $1.6M$1.0M
-37.0%

Summary: 22044 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 23%, and 5+ bedroom homes decreased by 37%.

Median Sold Price Compared To Nearby Zip Codes

22046
+22.4%
22203
+17.9%
22205
+16.5%
22044
+5.7%
22041
+4.0%

Housing Supply in 22044, VA

How many homes are available in 22044, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2821-25.0%

Summary: The 22044 real estate market had 21 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 127
-41.7%
2 64
-33.3%
3 33
0.0%
4 76
-14.3%
5+ 01
+100.0%

Summary: The 22044 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 41.7%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
113-72.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22044, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 22044 in November 2024, down by 72.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 22044, VA

How long does it take to sell a home in 22044, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days48 Days+176.9%

Summary: Homes in 22044 had an average of 48 days on market in Nov 2024, up by 176.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 22044 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 22044; 33% of homes were sold within 30 days, 67% 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 22044, VA

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