$6,234 Closing Credit*
$525,000
1,290 SqFt
2 Beds
•2 Full Baths
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
Is 22206, 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, 22206 has remained a Seller's Market.
Key Takeaway
22206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22206, VA
How much do homes in 22206, VA cost?
Median Sold Price
$589,900
$443/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,950(+7.3%)
Key Takeaway
Homes in 22206 have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in 22206 was $589,900 in November 2024, up 7.3% from last year, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $351K | $354.7K | +1.1% |
| 2 Bedrooms | $547.4K | $600K | +9.6% |
| 3 Bedrooms | $701K | $701.2K | 0.0% |
| 4 Bedrooms | $895K | $815K | -8.9% |
| 5+ Bedrooms | $1.2M | $925K | -28.5% |
Summary: 22206 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 9.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 28.5%.
Housing Supply in 22206, VA
How many homes are available in 22206, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Summary: The 22206 real estate market had 34 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 22206 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22206, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 22206 in November 2024, the same as the previous month. Of the 17 sold homes, 35% were sold under asking, 41% were sold at asking, and 24% were sold over asking.
Days on Market for 22206, VA
How long does it take to sell a home in 22206, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 17 Days | -5.1% |
Summary: Homes in 22206 had an average of 17 days on market in Nov 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22206 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 22206; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
