$550,000
2.00 Acres
Land
Robert W Hotaling, Listing Office: RE/MAX Allegiance
Is 22645, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 22645 was a Buyer's Market.
Key Takeaway
22645 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22645, VA
How much do homes in 22645, VA cost?
Median Sold Price
$439,900
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$105,100(-19.3%)
Key Takeaway
Homes in 22645 have sold for 19.3% less than they did a year ago.
Summary: The median home sold price in 22645 was $439,900 in October 2024, down 19.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $269K | $307K | +14.1% |
| 3 Bedrooms | $352K | $380K | +8.0% |
| 4 Bedrooms | $639.9K | $545K | -14.8% |
| 5+ Bedrooms | $670K | $785.3K | +17.2% |
Summary: 22645 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 14.1%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 17.2%.
Housing Supply in 22645, VA
How many homes are available in 22645, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The 22645 real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 22645 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22645, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 22645 in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 22645, VA
How long does it take to sell a home in 22645, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 44 Days | +1008.3% |
Summary: Homes in 22645 had an average of 44 days on market in Oct 2024, up by 1008.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22645 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 22645; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
