$8,016 Closing Credit*
$675,000
2,072 SqFt
4 Beds
•2 Full Baths
Sheena Saydam, Listing Office: Keller Williams Capital Properties
Is 22306, 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, 22306 has remained a Seller's Market.
Key Takeaway
22306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22306, VA
How much do homes in 22306, VA cost?
Median Sold Price
$700,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$87,711(+14.3%)
Key Takeaway
Homes in 22306 have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in 22306 was $700,000 in November 2024, up 14.3% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $340K | +94.3% |
| 2 Bedrooms | $490K | $379.9K | -22.5% |
| 3 Bedrooms | $576K | $645K | +12.0% |
| 4 Bedrooms | $697.5K | $746.2K | +7.0% |
| 5+ Bedrooms | $789.9K | $805K | +1.9% |
Summary: 22306 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.3%, 2 bedroom homes decreased by 22.5%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 22306, VA
How many homes are available in 22306, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 67 | +1.5% |
Summary: The 22306 real estate market had 67 homes for sale in November 2024, a 1.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The 22306 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22306, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 22306 in November 2024, the same as the previous month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 22306, VA
How long does it take to sell a home in 22306, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 28 Days | +51.8% |
Summary: Homes in 22306 had an average of 28 days on market in Nov 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22306 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 22306; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
