$2,900,000
7 Beds
•5 Full Baths, 2 Partial
Bonnie H Wolfe, Listing Office: Samson Properties
Is 22066, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 22066 was a Seller's Market.
Key Takeaway
22066 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 22066, VA
How much do homes in 22066, VA cost?
Median Sold Price
$1,650,000
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$120,000(+7.8%)
Key Takeaway
Homes in 22066 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 22066 was $1,650,000 in October 2024, up 7.8% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $805K | - | N/A |
| 3 Bedrooms | $1.2M | $1.0M | -15.2% |
| 4 Bedrooms | $1.3M | $1.3M | +2.9% |
| 5+ Bedrooms | $1.7M | $1.9M | +11.9% |
Summary: 22066 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 11.9%.
Housing Supply in 22066, VA
How many homes are available in 22066, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 74 | -2.6% |
Summary: The 22066 real estate market had 74 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 56 | 55 | -1.8% |
Summary: The 22066 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 1.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22066, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 22066 in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 22066, VA
How long does it take to sell a home in 22066, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 10 Days | +1.1% |
Summary: Homes in 22066 had an average of 10 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22066 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 22066; 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.
