$7,820 Closing Credit*
$658,500
1,403 SqFt
4 Beds
•2 Full Baths
Mitchell S Curtis, Listing Office: KW United
Is 22150, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 22150 has remained a Seller's Market.
Key Takeaway
22150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22150, VA
How much do homes in 22150, VA cost?
Median Sold Price
$665,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,500(+6.3%)
Key Takeaway
Homes in 22150 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 22150 was $665,000 in October 2024, up 6.3% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $225K | -2.2% |
| 2 Bedrooms | $550K | $430K | -21.8% |
| 3 Bedrooms | $582.5K | $617.5K | +6.0% |
| 4 Bedrooms | $640K | $675.4K | +5.5% |
| 5+ Bedrooms | $753.7K | $757.5K | 0.5% |
Summary: 22150 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 21.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 22150, VA
How many homes are available in 22150, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The 22150 real estate market had 39 homes for sale in October 2024, a 11.4% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 22150 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 increased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22150, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 22150 in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for 22150, VA
How long does it take to sell a home in 22150, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 28 Days | +162.3% |
Summary: Homes in 22150 had an average of 28 days on market in Oct 2024, up by 162.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22150 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 22150; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
