$10,000 Closing Credit*
$2,150,000
2,646 SqFt
3 Beds
•2 Full Baths, 1 Partial
Robert B. Bragg IV, Listing Office: Bragg & Company
Is 22482, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 22482 was a Neutral Market.
Key Takeaway
22482 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 22482, VA
How much do homes in 22482, VA cost?
Median Sold Price
$470,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.5%)
Key Takeaway
Homes in 22482 have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in 22482 was $470,000 in October 2024, down 0.5% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $265.5K | +36.2% |
| 3 Bedrooms | $449.5K | $389.5K | -13.3% |
| 4 Bedrooms | $600K | $1.0M | +66.7% |
| 5+ Bedrooms | $2.9M | $1.5M | -47.0% |
Summary: 22482 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.2%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 47%.
Housing Supply in 22482, VA
How many homes are available in 22482, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 64 | +1.6% |
Summary: The 22482 real estate market had 64 homes for sale in October 2024, a 1.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 22482 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 increased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22482, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 22482 in October 2024, down by 12.5% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 22482, VA
How long does it take to sell a home in 22482, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Day | 55 Days | +5400.0% |
Summary: Homes in 22482 had an average of 55 days on market in Oct 2024, up by 5400% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22482 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 22482; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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