$5,688 Closing Credit*
$479,000
695 SqFt
1 Bed
•1 Full Bath
Bryan D Felder, Listing Office: Keller Williams Capital Properties
Is 22209, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 22209 was a Seller's Market.
Key Takeaway
22209 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 22209, VA
How much do homes in 22209, VA cost?
Median Sold Price
$831,000
$590/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$224,500(+37.0%)
Key Takeaway
Homes in 22209 have sold for 37% more than they did a year ago.
Summary: The median home sold price in 22209 was $831,000 in November 2024, up 37% from last year, and the median price per square foot was $590.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $308.7K | $364K | +17.9% |
| 2 Bedrooms | $876K | $947.5K | +8.2% |
| 3 Bedrooms | $1.4M | $1.3M | -2.9% |
| 4 Bedrooms | $1.5M | $2.0M | +34.7% |
| 5+ Bedrooms | - | $2.2M | N/A |
Summary: 22209 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes did not change.
Housing Supply in 22209, VA
How many homes are available in 22209, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 22209 real estate market had 51 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 19 | -5.0% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 22209 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 8 | -55.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 22209, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 22209 in November 2024, down by 55.6% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 22209, VA
How long does it take to sell a home in 22209, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 42 Days | -40.6% |
Summary: Homes in 22209 had an average of 42 days on market in Nov 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 22209 has remained consistent over time.
Summary: During November 2024, 8 homes were sold in 22209; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
