$4,572 Closing Credit*
$385,000
1,760 SqFt
3 Beds
•2 Full Baths
Benjamin C Quann, Listing Office: Century 21 Redwood Realty
Is 22580, 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, 22580 has remained a Seller's Market.
Key Takeaway
22580 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22580, VA
How much do homes in 22580, VA cost?
Median Sold Price
$355,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.2%)
Key Takeaway
Homes in 22580 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 22580 was $355,000 in October 2024, up 9.2% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $355K | +22.4% |
| 3 Bedrooms | $322K | $300K | -6.8% |
| 4 Bedrooms | $350.5K | $465K | +32.7% |
| 5+ Bedrooms | $402K | $420K | +4.5% |
Summary: 22580 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 increased by 22.4%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in 22580, VA
How many homes are available in 22580, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The 22580 real estate market had 17 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 22580 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 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22580, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 22580 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 22580, VA
How long does it take to sell a home in 22580, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 34 Days | +75.6% |
Summary: Homes in 22580 had an average of 34 days on market in Oct 2024, up by 75.6% 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 22580 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 22580; 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.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.