$55,000
4.13 Acres
Land
Derek J. Greene, Listing Office: The Greene Realty Group
Is 22937, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 22937 has remained a Seller's Market.
Key Takeaway
22937 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22937, VA
How much do homes in 22937, VA cost?
Median Sold Price
$321,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$49,000(-13.2%)
Key Takeaway
Homes in 22937 have sold for 13.2% less than they did a year ago.
Summary: The median home sold price in 22937 was $321,000 in December 2024, down 13.2% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $239.5K | +6.4% |
| 3 Bedrooms | $467.5K | $602K | +28.8% |
| 4 Bedrooms | - | $321K | N/A |
| 5+ Bedrooms | $1.1M | $732.8K | -33.4% |
Summary: 22937 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 28.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Zip Codes
| 24590 | $361.9K | $362.4K | 0.2% |
| 22937 | $370K | $321K | -13.2% |
Housing Supply in 22937, VA
How many homes are available in 22937, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The 22937 real estate market had 4 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 22937 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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 22937, 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 22937 in December 2024, up by 100.0% 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 22937, VA
How long does it take to sell a home in 22937, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 162 Days | 118 Days | -27.2% |
Summary: Homes in 22937 had an average of 118 days on market in Dec 2024, down by 27.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 22937 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in 22937; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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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.