$10,000 Closing Credit*
$975,000
2,020 SqFt
3 Beds
•2 Full Baths, 2 Partial
Michael I Putnam, Listing Office: RE/MAX Executives
Is 22101, 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, 22101 has remained a Seller's Market.
Key Takeaway
22101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22101, VA
How much do homes in 22101, VA cost?
Median Sold Price
$1,862,500
$443/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$340,100(+22.3%)
Key Takeaway
Homes in 22101 have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in 22101 was $1,862,500 in November 2024, up 22.3% from last year, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249.9K | $292.5K | +17.0% |
| 2 Bedrooms | $1.1M | $670K | -42.2% |
| 3 Bedrooms | $1.1M | $1.2M | +11.3% |
| 4 Bedrooms | $1.2M | $1.4M | +13.4% |
| 5+ Bedrooms | $2.2M | $2.5M | +12.9% |
Summary: 22101 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes decreased by 42.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Zip Codes
| 22101 | $1.5M | $1.8M | +22.3% |
| 22043 | $785K | $850K | +8.3% |
| 22213 | $1.0M | $1.0M | +6.5% |
Housing Supply in 22101, VA
How many homes are available in 22101, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 147 | 143 | -2.7% |
Summary: The 22101 real estate market had 143 homes for sale in November 2024, a 2.7% 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 | 10 | 10 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 104 | 104 | 0.0% |
Summary: The 22101 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 27 | -22.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22101, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 22101 in November 2024, down by 22.9% month-over-month. Of the 27 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 22101, VA
How long does it take to sell a home in 22101, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 65 Days | +145.4% |
Summary: Homes in 22101 had an average of 65 days on market in Nov 2024, up by 145.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22101 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 22101; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
