$3,551 Closing Credit*
$299,000
925 SqFt
2 Beds
•2 Full Baths
Jamie L. Cook, Listing Office: Treck Realty LLC
Is 22443, 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, 22443 has remained a Seller's Market.
Key Takeaway
22443 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22443, VA
How much do homes in 22443, VA cost?
Median Sold Price
$319,999
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,999(+7.0%)
Key Takeaway
Homes in 22443 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 22443 was $319,999 in October 2024, up 7% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $237.5K | +6.7% |
| 2 Bedrooms | $265K | $299K | +12.8% |
| 3 Bedrooms | $297K | $315K | +6.1% |
| 4 Bedrooms | $380K | $397.3K | +4.6% |
| 5+ Bedrooms | $692.4K | $503.5K | -27.3% |
Summary: 22443 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 27.3%.
Housing Supply in 22443, VA
How many homes are available in 22443, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 111 | +6.7% |
Summary: The 22443 real estate market had 111 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 79 | 87 | +10.1% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 22443 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22443, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 22443 in October 2024, down by 19.4% month-over-month. Of the 25 sold homes, 36% were sold under asking, 40% were sold at asking, and 24% were sold over asking.
Days on Market for 22443, VA
How long does it take to sell a home in 22443, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 46 Days | +89.4% |
Summary: Homes in 22443 had an average of 46 days on market in Oct 2024, up by 89.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22443 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 22443; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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