$4,661 Closing Credit*
$392,500
2,040 SqFt
3 Beds
•2 Full Baths, 1 Partial
Reamy Douglas Chalkley, Listing Office: EXIT Mid-Rivers Realty
Is 22572, 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, 22572 has remained a Buyer's Market.
Key Takeaway
22572 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 22572, VA
How much do homes in 22572, VA cost?
Median Sold Price
$265,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.0%)
Key Takeaway
Homes in 22572 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 22572 was $265,000 in November 2024, up 1% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $354.4K | $49K | -86.2% |
| 2 Bedrooms | $234K | $132.5K | -43.4% |
| 3 Bedrooms | $259.9K | $331.3K | +27.4% |
| 4 Bedrooms | $460K | $290K | -37.0% |
| 5+ Bedrooms | $790K | $110K | -86.1% |
Summary: 22572 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.2%, 2 bedroom homes decreased by 43.4%, 3 bedroom homes increased by 27.4%, 4 bedroom homes decreased by 37%, and 5+ bedroom homes decreased by 86.1%.
Median Sold Price Compared To Nearby Zip Codes
| 22520 | $289.9K | $320K | +10.4% |
| 22572 | $262.5K | $265K | +1.0% |
Housing Supply in 22572, VA
How many homes are available in 22572, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The 22572 real estate market had 32 homes for sale in November 2024, a 6.7% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 22572 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 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22572, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 22572 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 22572, VA
How long does it take to sell a home in 22572, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 31 Days | +184.1% |
Summary: Homes in 22572 had an average of 31 days on market in Nov 2024, up by 184.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 22572 has remained consistent over time.
Summary: During November 2024, 4 homes were sold in 22572; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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