$10,000 Closing Credit*
$1,350,000
1,754 SqFt
2 Beds
•2 Full Baths
Joan Wolf, Listing Office: Gerlach real estate, inc.
Is 22209, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 22209 has remained a Seller's Market.
Key Takeaway
22209 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22209, VA
How much do homes in 22209, VA cost?
Median Sold Price
$817,000
$580/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$240,000(+41.6%)
Key Takeaway
Homes in 22209 have sold for 41.6% more than they did a year ago.
Summary: The median home sold price in 22209 was $817,000 in October 2024, up 41.6% from last year, and the median price per square foot was $580.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $309.9K | $322.5K | +4.1% |
| 2 Bedrooms | $912.5K | $906K | -0.7% |
| 3 Bedrooms | $1.4M | $1.3M | -1.2% |
| 4 Bedrooms | $1.5M | $2.0M | +34.7% |
| 5+ Bedrooms | - | $2.2M | N/A |
Summary: 22209 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 1.2%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +1.9% |
Summary: The 22209 real estate market had 53 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 21 | -12.5% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 22209 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 17 | +112.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22209, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in 22209 in October 2024, up by 112.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 47% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 45 Days | +37.1% |
Summary: Homes in 22209 had an average of 45 days on market in Oct 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22209 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 22209; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
