Is 22949, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22949 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 22949 has remained a Buyer's Market.

Key Takeaway

22949 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 22949, VA

How much do homes in 22949, VA cost?

Median Sold Price

$289,900

$118/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$8,600(-2.9%)

Key Takeaway

Homes in 22949 have sold for 2.9% less than they did a month ago.

Summary: The median home sold price in 22949 was $289,900 in November 2024, down 2.9% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $298.5K-
N/A
3 -$289.9K
N/A
4 --
N/A
5+ --
N/A

Summary: 22949 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 22949, VA

How many homes are available in 22949, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10100.0%

Summary: The 22949 real estate market had 10 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 33
0.0%
4 22
0.0%
5+ 45
+25.0%

Summary: The 22949 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 22949, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 22949 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 22949, VA

How long does it take to sell a home in 22949, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days65 Days+622.2%

Summary: Homes in 22949 had an average of 65 days on market in Nov 2024, up by 622.2% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 22949 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 22949; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in 22949, VA

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