$5,047 Closing Credit*
$425,000
1,714 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kateland Rich Flinn, Listing Office: CENTURY 21 New Millennium
Is 22734, 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, 22734 was a Seller's Market.
Key Takeaway
22734 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 22734, VA
How much do homes in 22734, VA cost?
Median Sold Price
$415,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$500(+0.1%)
Key Takeaway
The sold price of homes in 22734 has remained the same since last year.
Summary: The median home sold price in 22734 was $415,000 in October 2024, up 0.1% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | $280K | -3.4% |
| 3 Bedrooms | $400K | $400K | 0.0% |
| 4 Bedrooms | $440K | $465K | +5.7% |
| 5+ Bedrooms | $450K | $737.5K | +63.9% |
Summary: 22734 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 decreased by 3.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 63.9%.
Median Sold Price Compared To Nearby Zip Codes
| 22734 | $414.5K | $415K | 0.1% |
| 22712 | $459K | $451K | -1.7% |
Housing Supply in 22734, VA
How many homes are available in 22734, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The 22734 real estate market had 12 homes for sale in October 2024, a 71.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 22734 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 increased by 150%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22734, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 22734 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 22734, VA
How long does it take to sell a home in 22734, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 15 Days | -73.8% |
Summary: Homes in 22734 had an average of 15 days on market in Oct 2024, down by 73.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22734 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 22734; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.