$649,000
2.00 Acres
Land
Paige Akins Ulevich, Listing Office: Dream Real Estate
Is 22645, 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, 22645 has remained a Seller'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
$444,950
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$85,000(-16.0%)
Key Takeaway
Homes in 22645 have sold for 16% less than they did a year ago.
Summary: The median home sold price in 22645 was $444,950 in November 2024, down 16% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $384.5K | $249K | -35.2% |
| 3 Bedrooms | $345K | $392.4K | +13.8% |
| 4 Bedrooms | $580K | $565K | -2.6% |
| 5+ Bedrooms | $670K | $785.3K | +17.2% |
Summary: 22645 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 35.2%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 2.6%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The 22645 real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 22645 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 decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22645, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 22645 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 45 Days | -10.1% |
Summary: Homes in 22645 had an average of 45 days on market in Nov 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were 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 22645 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 22645; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
