$5,640 Closing Credit*
$474,970
2,298 SqFt
4 Beds
•3 Full Baths, 1 Partial
AMANDA KATE LEMON, Listing Office: NEST REALTY GROUP
Is 22901, 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, 22901 has remained a Seller's Market.
Key Takeaway
22901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22901, VA
How much do homes in 22901, VA cost?
Median Sold Price
$524,634
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,479(+3.7%)
Key Takeaway
Homes in 22901 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 22901 was $524,634 in November 2024, up 3.7% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $175K | -2.8% |
| 2 Bedrooms | $282.5K | $265K | -6.2% |
| 3 Bedrooms | $430K | $455K | +5.8% |
| 4 Bedrooms | $597.5K | $694.1K | +16.2% |
| 5+ Bedrooms | $865K | $862.5K | -0.3% |
Summary: 22901 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 22901, VA
How many homes are available in 22901, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 173 | 147 | -15.0% |
Summary: The 22901 real estate market had 147 homes for sale in November 2024, a 15.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 84 | 77 | -8.3% |
| 4 Bedrooms | 51 | 35 | -31.4% |
| 5+ Bedrooms | 22 | 15 | -31.8% |
Summary: The 22901 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 31.4%, and 5+ bedroom homes decreased by 31.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 41 | -6.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22901, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 22901 in November 2024, down by 6.8% month-over-month. Of the 39 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 22901, VA
How long does it take to sell a home in 22901, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 20 Days | -18.4% |
Summary: Homes in 22901 had an average of 20 days on market in Nov 2024, down by 18.4% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22901 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 41 homes were sold in 22901; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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