$10,000 Closing Credit*
$1,599,000
3,282 SqFt
5 Beds
•3 Full Baths, 2 Partial
Dudley Ward, Listing Office: TTR Sotheby's International Realty
Is 22301, 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, 22301 has remained a Seller's Market.
Key Takeaway
22301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22301, VA
How much do homes in 22301, VA cost?
Median Sold Price
$971,000
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,000(+2.2%)
Key Takeaway
Homes in 22301 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 22301 was $971,000 in November 2024, up 2.2% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $598.9K | $579.9K | -3.2% |
| 2 Bedrooms | $835K | $795K | -4.8% |
| 3 Bedrooms | $925K | $935K | +1.1% |
| 4 Bedrooms | $1.2M | $1.3M | +11.6% |
| 5+ Bedrooms | $1.8M | $1.8M | +2.9% |
Summary: 22301 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 22301, VA
How many homes are available in 22301, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 33 | -21.4% |
Summary: The 22301 real estate market had 33 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 22301 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22301, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 22301 in November 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for 22301, VA
How long does it take to sell a home in 22301, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 42 Days | -19.8% |
Summary: Homes in 22301 had an average of 42 days on market in Nov 2024, down by 19.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22301 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in 22301; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
