Is 22182, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22182 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 22182 has remained a Seller's Market.

Key Takeaway

22182 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22182, VA

How much do homes in 22182, VA cost?

Median Sold Price

$1,200,000

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$84,500(+7.6%)

Key Takeaway

Homes in 22182 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 22182 was $1,200,000 in November 2024, up 7.6% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $562.1K$584.3K
+4.0%
3 $827.5K$935K
+13.0%
4 $1.0M$1.1M
+10.8%
5+ $1.3M$1.4M
+4.9%

Summary: 22182 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

22181
+21.1%
22182
+7.6%
22180
+6.4%
22102
-27.8%

Housing Supply in 22182, VA

How many homes are available in 22182, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5748-15.8%

Summary: The 22182 real estate market had 48 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1410
-28.6%
4 1812
-33.3%
5+ 2525
0.0%

Summary: The 22182 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22182, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 22182 in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.

Days on Market for 22182, VA

How long does it take to sell a home in 22182, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days8 Days-76.6%

Summary: Homes in 22182 had an average of 8 days on market in Nov 2024, down by 76.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22182 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 22182; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 22182, VA

Nearby Markets to 22182, VA