Is 22310, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22310 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 22310 has remained a Seller's Market.

Key Takeaway

22310 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22310, VA

How much do homes in 22310, VA cost?

Median Sold Price

$642,020

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,520(+6.9%)

Key Takeaway

Homes in 22310 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 22310 was $642,020 in October 2024, up 6.9% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$290.5K
+21.1%
2 $391.2K$406.5K
+3.9%
3 $590K$635K
+7.6%
4 $687.5K$702K
+2.1%
5+ $1.0M$808.7K
-24.7%

Summary: 22310 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 24.7%.

Median Sold Price Compared To Nearby Zip Codes

22306
+14.1%
22303
+13.2%
22315
+8.6%
22310
+6.9%
22304
0.4%

Housing Supply in 22310, VA

How many homes are available in 22310, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7175+5.6%

Summary: The 22310 real estate market had 75 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 3230
-6.3%
4 2023
+15.0%
5+ 811
+37.5%

Summary: The 22310 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2322-4.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22310, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in 22310 in October 2024, down by 4.3% month-over-month. Of the 22 sold homes, 14% were sold under asking, 55% were sold at asking, and 32% were sold over asking.

Days on Market for 22310, VA

How long does it take to sell a home in 22310, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days19 Days+23.4%

Summary: Homes in 22310 had an average of 19 days on market in Oct 2024, up by 23.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22310 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 22310; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 22310, VA

Nearby Markets to 22310, VA