$6,531 Closing Credit*
$550,000
2,402 SqFt
4 Beds
•2 Full Baths, 1 Partial
Lorie Wilson Bowers, Listing Office: Sager Real Estate
Is 22657, 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, 22657 was a Seller's Market.
Key Takeaway
22657 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 22657, VA
How much do homes in 22657, VA cost?
Median Sold Price
$319,900
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,400(+6.8%)
Key Takeaway
Homes in 22657 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 22657 was $319,900 in October 2024, up 6.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $219.5K | +99.5% |
| 2 Bedrooms | $228K | $227.5K | -0.2% |
| 3 Bedrooms | $299.5K | $315K | +5.2% |
| 4 Bedrooms | $355K | $380K | +7.0% |
| 5+ Bedrooms | $515K | $485K | -5.8% |
Summary: 22657 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Zip Codes
| 22657 | $299.5K | $319.9K | +6.8% |
| 22645 | $545K | $439.9K | -19.3% |
| 22660 | $354.9K | $235K | -33.8% |
Housing Supply in 22657, VA
How many homes are available in 22657, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 45 | +32.4% |
Summary: The 22657 real estate market had 45 homes for sale in October 2024, a 32.4% increase 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 | 4 | 8 | +100.0% |
| 3 Bedrooms | 21 | 29 | +38.1% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 22657 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 increased by 100%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 22657, 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 22657 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 22657, VA
How long does it take to sell a home in 22657, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 23 Days | -29.7% |
Summary: Homes in 22657 had an average of 23 days on market in Oct 2024, down by 29.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22657 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 22657; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
