$4,156 Closing Credit*
$350,000
1,298 SqFt
3 Beds
•2 Full Baths
Sheldon T Everhart, Listing Office: Exit Success Realty
Is 22624, 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, 22624 was a Neutral Market.
Key Takeaway
22624 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22624, VA
How much do homes in 22624, VA cost?
Median Sold Price
$853,250
$246/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$353,250(+70.7%)
Key Takeaway
Homes in 22624 have sold for 70.7% more than they did a month ago.
Summary: The median home sold price in 22624 was $853,250 in October 2024, up 70.7% from last month, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $500K | - | N/A |
| 4 Bedrooms | - | $853.2K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 22624 housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 22624, VA
How many homes are available in 22624, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The 22624 real estate market had 6 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 22624 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 22624, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 22624 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 22624, VA
How long does it take to sell a home in 22624, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 38 Days | +375.0% |
Summary: Homes in 22624 had an average of 38 days on market in Oct 2024, up by 375% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22624 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 22624; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
