$10,000 Closing Credit*
$995,000
3,050 SqFt
3 Beds
•4 Full Baths, 1 Partial
Mary M Olympia, Listing Office: Long & Foster Real Estate, Inc.
Is 22181, 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, 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
$1,117,500
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$195,000(+21.1%)
Key Takeaway
Homes in 22181 have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in 22181 was $1,117,500 in November 2024, up 21.1% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $315K | +5.0% |
| 2 Bedrooms | $390K | $441K | +13.1% |
| 3 Bedrooms | $640K | $650K | +1.6% |
| 4 Bedrooms | $1.1M | $1.1M | +4.2% |
| 5+ Bedrooms | $1.2M | $1.4M | +11.8% |
Summary: 22181 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in 22181, VA
How many homes are available in 22181, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The 22181 real estate market had 42 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 22181 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22181, you could pay more than the asking price. 58.8% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 22181 in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 13 Days | -14.7% |
Summary: Homes in 22181 had an average of 13 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were 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 November 2024, 17 homes were sold in 22181; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
