$45,000
0.68 Acres
Land
Vickie Walker, Listing Office: Keller Williams Fairfax Gateway
Is 22578, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 22578 was a Neutral Market.
Key Takeaway
22578 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22578, VA
How much do homes in 22578, VA cost?
Median Sold Price
$819,000
$409/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$473,346(-36.6%)
Key Takeaway
Homes in 22578 have sold for 36.6% less than they did a month ago.
Summary: The median home sold price in 22578 was $819,000 in November 2024, down 36.6% from last month, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $622.5K | $770K | +23.7% |
| 4 Bedrooms | - | $819K | N/A |
| 5+ Bedrooms | $1.7M | - | N/A |
Summary: 22578 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 22578, VA
How many homes are available in 22578, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The 22578 real estate market had 25 homes for sale in November 2024, a 7.4% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 22578 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 decreased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22578, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 22578 in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 22578, VA
How long does it take to sell a home in 22578, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 Days | 26 Days | -74.4% |
Summary: Homes in 22578 had an average of 26 days on market in Nov 2024, down by 74.4% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22578 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 22578; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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