Is 22644, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22644 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 22644 has remained a Seller's Market.

Key Takeaway

22644 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22644, VA

How much do homes in 22644, VA cost?

Median Sold Price

$374,450

$232/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$13,050(-3.4%)

Key Takeaway

Homes in 22644 have sold for 3.4% less than they did a month ago.

Summary: The median home sold price in 22644 was $374,450 in November 2024, down 3.4% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $275K$374.4K
+36.2%
4 $500K-
N/A
5+ --
N/A

Summary: 22644 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 36.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

22654
+56.7%
22644
-3.4%

Housing Supply in 22644, VA

How many homes are available in 22644, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 22644 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 89
+12.5%
4 21
-50.0%
5+ 00
0.0%

Summary: The 22644 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 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22644, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 22644 in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for 22644, VA

How long does it take to sell a home in 22644, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
17 Days20 Days+14.3%

Summary: Homes in 22644 had an average of 20 days on market in Nov 2024, up by 14.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22644 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 22644; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 22644, VA

Nearby Markets to 22644, VA