$8,905 Closing Credit*
$749,900
2,712 SqFt
4 Beds
•3 Full Baths, 1 Partial
Paul J Gallagher Jr., Listing Office: Colony Realty
Is 22625, 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, 22625 has remained a Seller's Market.
Key Takeaway
22625 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22625, VA
How much do homes in 22625, VA cost?
Median Sold Price
$384,900
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,400(+0.6%)
Key Takeaway
Homes in 22625 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 22625 was $384,900 in November 2024, up 0.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $389.9K | $335K | -14.1% |
| 3 Bedrooms | $349.9K | $367.7K | +5.1% |
| 4 Bedrooms | $404.9K | $402.5K | -0.6% |
| 5+ Bedrooms | $545K | $386K | -29.2% |
Summary: 22625 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 decreased by 14.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 29.2%.
Housing Supply in 22625, VA
How many homes are available in 22625, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The 22625 real estate market had 31 homes for sale in November 2024, a 19.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 22625 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22625, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 22625 in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 22625, VA
How long does it take to sell a home in 22625, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 28 Days | -66.0% |
Summary: Homes in 22625 had an average of 28 days on market in Nov 2024, down by 66% compared to last year.
Breakdown of Home Sale Times
5 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 22625 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 22625; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
