Is 22539, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22539 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 22539 has remained a Buyer's Market.

Key Takeaway

22539 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 22539, VA

How much do homes in 22539, VA cost?

Median Sold Price

$545,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$72,500(+15.3%)

Key Takeaway

Homes in 22539 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 22539 was $545,000 in October 2024, up 15.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$205K
N/A
2 $237K$266.2K
+12.3%
3 $505K$550K
+8.9%
4 $470K$587.5K
+25.0%
5+ $660K$757.5K
+14.8%

Summary: 22539 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 12.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Zip Codes

22539
+15.3%
22473
+14.8%

Housing Supply in 22539, VA

How many homes are available in 22539, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3033+10.0%

Summary: The 22539 real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 15
+400.0%
3 1717
0.0%
4 109
-10.0%
5+ 22
0.0%

Summary: The 22539 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 increased by 400%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22539, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 22539 in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 22539, VA

How long does it take to sell a home in 22539, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days20 Days+73.9%

Summary: Homes in 22539 had an average of 20 days on market in Oct 2024, up by 73.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22539 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 22539; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 22539, VA

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