Is 22192, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22192 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 22192 has remained a Seller's Market.

Key Takeaway

22192 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22192, VA

How much do homes in 22192, VA cost?

Median Sold Price

$508,833

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,833(+8.3%)

Key Takeaway

Homes in 22192 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 22192 was $508,833 in November 2024, up 8.3% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $190K$207K
+8.9%
2 $299K$303K
+1.3%
3 $440K$468.5K
+6.5%
4 $600K$624.9K
+4.2%
5+ $690K$767.5K
+11.2%

Summary: 22192 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

22079
+11.6%
22193
+10.3%
22192
+8.3%
22191
+6.7%

Housing Supply in 22192, VA

How many homes are available in 22192, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
151132-12.6%

Summary: The 22192 real estate market had 132 homes for sale in November 2024, a 12.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 96
-33.3%
2 2621
-19.2%
3 6660
-9.1%
4 3026
-13.3%
5+ 2019
-5.0%

Summary: The 22192 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 decreased by 19.2%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6341-34.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22192, expect to pay close to the asking price. 34.1% of homes here sold near the asking price last month.

Summary: A total of 41 homes were sold or pending in 22192 in November 2024, down by 34.9% month-over-month. Of the 41 sold homes, 32% were sold under asking, 34% were sold at asking, and 34% were sold over asking.

Days on Market for 22192, VA

How long does it take to sell a home in 22192, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days22 Days+54.9%

Summary: Homes in 22192 had an average of 22 days on market in Nov 2024, up by 54.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22192 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 41 homes were sold in 22192; 73% of homes were sold within 30 days, 27% 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 22192, VA

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