$5,295 Closing Credit*
$445,900
1,320 SqFt
3 Beds
•3 Full Baths, 1 Partial
Jarbi Bonilla, Listing Office: Bradley Group Realtors
Is 22554, 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, 22554 has remained a Seller's Market.
Key Takeaway
22554 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22554, VA
How much do homes in 22554, VA cost?
Median Sold Price
$548,075
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,080(+5.4%)
Key Takeaway
Homes in 22554 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 22554 was $548,075 in October 2024, up 5.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $182.5K | +4.3% |
| 2 Bedrooms | $300K | $325K | +8.3% |
| 3 Bedrooms | $418.9K | $445K | +6.2% |
| 4 Bedrooms | $534.2K | $569.9K | +6.7% |
| 5+ Bedrooms | $625K | $684.9K | +9.6% |
Summary: 22554 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 22554, VA
How many homes are available in 22554, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 210 | 224 | +6.7% |
Summary: The 22554 real estate market had 224 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 | 4 | 10 | +150.0% |
| 3 Bedrooms | 54 | 48 | -11.1% |
| 4 Bedrooms | 84 | 92 | +9.5% |
| 5+ Bedrooms | 68 | 73 | +7.4% |
Summary: The 22554 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 increased by 150%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22554, you could pay more than the asking price. 34.4% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in 22554 in October 2024, up by 7.0% month-over-month. Of the 61 sold homes, 33% were sold under asking, 33% were sold at asking, and 34% were sold over asking.
Days on Market for 22554, VA
How long does it take to sell a home in 22554, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 22 Days | +54.3% |
Summary: Homes in 22554 had an average of 22 days on market in Oct 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22554 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 61 homes were sold in 22554; 69% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved