$5,105 Closing Credit*
$429,900
1,152 SqFt
2 Beds
•2 Full Baths
Keith A Neeley, Listing Office: EXP Realty, LLC
Is 22556, 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, 22556 has remained a Seller's Market.
Key Takeaway
22556 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22556, VA
How much do homes in 22556, VA cost?
Median Sold Price
$500,000
$215/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 22556 has remained the same since last year.
Summary: The median home sold price in 22556 was $500,000 in October 2024, the same as last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $250K | 0.0% |
| 3 Bedrooms | $405K | $427K | +5.4% |
| 4 Bedrooms | $527.5K | $545K | +3.3% |
| 5+ Bedrooms | $635K | $684K | +7.7% |
Summary: 22556 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 did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 22556, VA
How many homes are available in 22556, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 77 | -1.3% |
Summary: The 22556 real estate market had 77 homes for sale in October 2024, a 1.3% decrease 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 | 5 | 8 | +60.0% |
| 3 Bedrooms | 25 | 29 | +16.0% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 22556 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 60%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22556, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 22556 in October 2024, down by 10.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 28% were sold at asking, and 32% were sold over asking.
Days on Market for 22556, VA
How long does it take to sell a home in 22556, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +29.2% |
Summary: Homes in 22556 had an average of 25 days on market in Oct 2024, up by 29.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22556 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 22556; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
