$1,899,000
1.62 Acres
Land
Nina E. Koeppen, Listing Office: TTR Sothebys International Realty
Is 22102, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 22102 was a Buyer's Market.
Key Takeaway
22102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22102, VA
How much do homes in 22102, VA cost?
Median Sold Price
$557,000
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$214,367(-27.8%)
Key Takeaway
Homes in 22102 have sold for 27.8% less than they did a year ago.
Summary: The median home sold price in 22102 was $557,000 in November 2024, down 27.8% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $294K | $307.5K | +4.6% |
| 2 Bedrooms | $480K | $465K | -3.1% |
| 3 Bedrooms | $797.5K | $807.5K | +1.3% |
| 4 Bedrooms | $1.5M | $1.6M | +13.0% |
| 5+ Bedrooms | $2.0M | $2.6M | +30.0% |
Summary: 22102 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 30%.
Housing Supply in 22102, VA
How many homes are available in 22102, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 | 108 | -1.8% |
Summary: The 22102 real estate market had 108 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 19 | +5.6% |
| 2 Bedrooms | 30 | 29 | -3.3% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The 22102 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22102, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 22102 in November 2024, down by 13.8% month-over-month. Of the 25 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% were sold over asking.
Days on Market for 22102, VA
How long does it take to sell a home in 22102, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 28 Days | +21.0% |
Summary: Homes in 22102 had an average of 28 days on market in Nov 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22102 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 22102; 64% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
