$5,474 Closing Credit*
$461,000
1,189 SqFt
2 Beds
•2 Full Baths
Verria Hairston, Listing Office: Open Door Brokerage, LLC
Is 22315, 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, 22315 has remained a Seller's Market.
Key Takeaway
22315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22315, VA
How much do homes in 22315, VA cost?
Median Sold Price
$680,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,131(+8.8%)
Key Takeaway
Homes in 22315 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 22315 was $680,000 in November 2024, up 8.8% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $286K | $303.7K | +6.2% |
| 2 Bedrooms | $435K | $456.6K | +5.0% |
| 3 Bedrooms | $628.5K | $683.5K | +8.8% |
| 4 Bedrooms | $710K | $801K | +12.8% |
| 5+ Bedrooms | $838.2K | $1.0M | +25.3% |
Summary: 22315 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 25.3%.
Housing Supply in 22315, VA
How many homes are available in 22315, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 72 | -2.7% |
Summary: The 22315 real estate market had 72 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 22315 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22315, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 22315 in November 2024, down by 7.7% month-over-month. Of the 24 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for 22315, VA
How long does it take to sell a home in 22315, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +26.0% |
Summary: Homes in 22315 had an average of 16 days on market in Nov 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22315 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 22315; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
