Is 22660, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22660 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 22660 has remained a Seller's Market.

Key Takeaway

22660 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22660, VA

How much do homes in 22660, VA cost?

Median Sold Price

$270,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$80,000(-22.9%)

Key Takeaway

Homes in 22660 have sold for 22.9% less than they did a year ago.

Summary: The median home sold price in 22660 was $270,000 in November 2024, down 22.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $127.5K-
N/A
2 $240K-
N/A
3 $367.4K$250K
-32.0%
4 $350K$380K
+8.6%
5+ --
N/A

Summary: 22660 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 did not change, 3 bedroom homes decreased by 32%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

22657
+3.6%
22660
-22.9%

Housing Supply in 22660, VA

How many homes are available in 22660, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
57+40.0%

Summary: The 22660 real estate market had 7 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 22
0.0%
5+ 01
+100.0%

Summary: The 22660 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22660, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 22660 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 22660, VA

How long does it take to sell a home in 22660, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
3 Days21 Days+500.0%

Summary: Homes in 22660 had an average of 21 days on market in Nov 2024, up by 500% compared to last year.

Breakdown of Home Sale Times

2 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 22660 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 22660; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in 22660, VA

Nearby Markets to 22660, VA