$6,282 Closing Credit*
$529,000
1,664 SqFt
3 Beds
•2 Full Baths
Cinthia Thornhill, Listing Office: CENTURY 21 New Millennium
Is 22936, 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, 22936 has remained a Seller's Market.
Key Takeaway
22936 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22936, VA
How much do homes in 22936, VA cost?
Median Sold Price
$725,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$167,500(+30.0%)
Key Takeaway
Homes in 22936 have sold for 30% more than they did a year ago.
Summary: The median home sold price in 22936 was $725,000 in October 2024, up 30% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $395.5K | $426.5K | +7.9% |
| 3 Bedrooms | $396K | $445K | +12.4% |
| 4 Bedrooms | $603.7K | $750K | +24.2% |
| 5+ Bedrooms | $825K | $930K | +12.7% |
Summary: 22936 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 increased by 7.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in 22936, VA
How many homes are available in 22936, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Summary: The 22936 real estate market had 10 homes for sale in October 2024, a 37.5% decrease 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 | 0 | -100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 22936 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 decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22936, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 22936 in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 22936, VA
How long does it take to sell a home in 22936, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 69 Days | +18.8% |
Summary: Homes in 22936 had an average of 69 days on market in Oct 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 22936 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 22936; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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