Is 22534, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22534 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 22534 was a Seller's Market.

Key Takeaway

22534 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 22534, VA

How much do homes in 22534, VA cost?

Median Sold Price

$475,000

$153/sqft

Based on all homes sold in November 2024.

The Median Sold Price hasn't changed since October 2024.

Key Takeaway

The sold price of homes in 22534 has remained the same since last month.

Summary: The median home sold price in 22534 was $475,000 in November 2024, the same as last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$475K
N/A
4 $475K-
N/A
5+ -$475K
N/A

Summary: 22534 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 22534, VA

How many homes are available in 22534, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
915+66.7%

Summary: The 22534 real estate market had 15 homes for sale in November 2024, a 66.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 34
+33.3%
4 59
+80.0%
5+ 11
0.0%

Summary: The 22534 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22534, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 22534 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 22534, VA

How long does it take to sell a home in 22534, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
33 Days14 Days-56.9%

Summary: Homes in 22534 had an average of 14 days on market in Nov 2024, down by 56.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22534 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 22534; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in 22534, VA

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