$1,795,000
1.49 Acres
Land
Behrooz Goudarzi, Listing Office: Samson Properties
Is 22181, 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, 22181 has remained a Seller's Market.
Key Takeaway
22181 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22181, VA
How much do homes in 22181, VA cost?
Median Sold Price
$1,055,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$132,500(+14.4%)
Key Takeaway
Homes in 22181 have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in 22181 was $1,055,000 in October 2024, up 14.4% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $299K | $315K | +5.4% |
| 2 Bedrooms | $385K | $440.5K | +14.4% |
| 3 Bedrooms | $682.3K | $647.5K | -5.1% |
| 4 Bedrooms | $1.1M | $1.1M | -0.1% |
| 5+ Bedrooms | $1.2M | $1.4M | +12.3% |
Summary: 22181 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 14.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 12.3%.
Housing Supply in 22181, VA
How many homes are available in 22181, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 46 | -13.2% |
Summary: The 22181 real estate market had 46 homes for sale in October 2024, a 13.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The 22181 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 22.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22181, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 22181 in October 2024, down by 21.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for 22181, VA
How long does it take to sell a home in 22181, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 10 Days | -58.4% |
Summary: Homes in 22181 had an average of 10 days on market in Oct 2024, down by 58.4% compared to last year.
Breakdown of Home Sale Times
14 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 22181 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 22181; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
