$6,531 Closing Credit*
$550,000
1,936 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sandra C Dotson, Listing Office: Samson Properties
Is 22193, 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, 22193 has remained a Seller's Market.
Key Takeaway
22193 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22193, VA
How much do homes in 22193, VA cost?
Median Sold Price
$497,717
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,402(+10.3%)
Key Takeaway
Homes in 22193 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 22193 was $497,717 in November 2024, up 10.3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $401.2K | $345K | -14.0% |
| 3 Bedrooms | $402.6K | $425.3K | +5.6% |
| 4 Bedrooms | $480K | $535K | +11.5% |
| 5+ Bedrooms | $611K | $675K | +10.5% |
Summary: 22193 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 decreased by 14%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 10.5%.
Housing Supply in 22193, VA
How many homes are available in 22193, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 193 | 169 | -12.4% |
Summary: The 22193 real estate market had 169 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 83 | 69 | -16.9% |
| 4 Bedrooms | 77 | 67 | -13.0% |
| 5+ Bedrooms | 33 | 32 | -3.0% |
Summary: The 22193 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 16.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 45 | -40.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22193, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 45 homes were sold or pending in 22193 in November 2024, down by 40.0% month-over-month. Of the 45 sold homes, 27% were sold under asking, 29% were sold at asking, and 44% were sold over asking.
Days on Market for 22193, VA
How long does it take to sell a home in 22193, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 28 Days | +79.8% |
Summary: Homes in 22193 had an average of 28 days on market in Nov 2024, up by 79.8% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22193 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in 22193; 64% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
