$3,918 Closing Credit*
$329,900
1,416 SqFt
3 Beds
•2 Full Baths
Brian Doman, Listing Office: Preslee Real Estate
Is 22652, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 22652 has remained a Seller's Market.
Key Takeaway
22652 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22652, VA
How much do homes in 22652, VA cost?
Median Sold Price
$369,250
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,750(-7.5%)
Key Takeaway
Homes in 22652 have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in 22652 was $369,250 in October 2024, down 7.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $227.7K | -54.5% |
| 2 Bedrooms | $275K | $259.9K | -5.5% |
| 3 Bedrooms | $402.7K | $449.5K | +11.6% |
| 4 Bedrooms | $399K | $332K | -16.8% |
| 5+ Bedrooms | - | $456.7K | N/A |
Summary: 22652 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.5%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes did not change.
Housing Supply in 22652, VA
How many homes are available in 22652, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The 22652 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 22652 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 22652, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 22652 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 22652, VA
How long does it take to sell a home in 22652, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 114 Days | +50.0% |
Summary: Homes in 22652 had an average of 114 days on market in Oct 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 22652 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 22652; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
