$6,828 Closing Credit*
$575,000
2,750 SqFt
3 Beds
•3 Full Baths
Deborah Kay Jett, 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 November 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
$220/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 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 November 2024, the same as last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $250K | 0.0% |
| 3 Bedrooms | $410K | $426K | +3.9% |
| 4 Bedrooms | $525K | $545K | +3.8% |
| 5+ Bedrooms | $632.5K | $712.5K | +12.6% |
Summary: 22556 housing prices by bedroom type for November 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 3.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 22556, VA
How many homes are available in 22556, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 70 | -4.1% |
Summary: The 22556 real estate market had 70 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 26 | 30 | +15.4% |
| 4 Bedrooms | 22 | 15 | -31.8% |
| 5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The 22556 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 20 | -23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22556, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 22556 in November 2024, down by 23.1% month-over-month. Of the 20 sold homes, 25% were sold under asking, 30% were sold at asking, and 45% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 19 Days | -16.2% |
Summary: Homes in 22556 had an average of 19 days on market in Nov 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 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 November 2024, 20 homes were sold in 22556; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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