$10,000 Closing Credit*
$1,380,000
2,403 SqFt
4 Beds
•3 Full Baths, 1 Partial
Harry D Moore, Listing Office: EXP Realty, LLC
Is 22205, 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, 22205 has remained a Seller's Market.
Key Takeaway
22205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22205, VA
How much do homes in 22205, VA cost?
Median Sold Price
$1,281,750
$485/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$181,750(+16.5%)
Key Takeaway
Homes in 22205 have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in 22205 was $1,281,750 in November 2024, up 16.5% from last year, and the median price per square foot was $485.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $850K | $820K | -3.5% |
| 3 Bedrooms | $910K | $1.0M | +14.8% |
| 4 Bedrooms | $1.1M | $1.2M | +7.8% |
| 5+ Bedrooms | $1.5M | $1.8M | +20.5% |
Summary: 22205 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 3.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 20.5%.
Housing Supply in 22205, VA
How many homes are available in 22205, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 28 | -22.2% |
Summary: The 22205 real estate market had 28 homes for sale in November 2024, a 22.2% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 16 | 11 | -31.3% |
Summary: The 22205 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 decreased by 66.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 31.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 6 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22205, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 22205 in November 2024, down by 62.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 22205, VA
How long does it take to sell a home in 22205, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 17 Days | -18.5% |
Summary: Homes in 22205 had an average of 17 days on market in Nov 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
5 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 22205 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 22205; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
