$10,000 Closing Credit*
$1,500,000
2,922 SqFt
4 Beds
•3 Full Baths, 1 Partial
DAN CONQUEST, Listing Office: HOWARD HANNA ROY WHEELER REALTY - CHARLOTTESVILLE
Is 22968, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 22968 has remained a Seller's Market.
Key Takeaway
22968 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22968, VA
How much do homes in 22968, VA cost?
Median Sold Price
$421,000
$239/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$123,133(-22.6%)
Key Takeaway
Homes in 22968 have sold for 22.6% less than they did a month ago.
Summary: The median home sold price in 22968 was $421,000 in November 2024, down 22.6% from last month, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $394.9K | N/A |
| 3 Bedrooms | $358K | $421K | +17.6% |
| 4 Bedrooms | $613.2K | $589.5K | -3.9% |
| 5+ Bedrooms | $742.5K | - | N/A |
Summary: 22968 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 increased by 17.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.
Housing Supply in 22968, VA
How many homes are available in 22968, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 48 | -4.0% |
Summary: The 22968 real estate market had 48 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 22968 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 increased by 20%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22968, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 22968 in November 2024, up by 25.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for 22968, VA
How long does it take to sell a home in 22968, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 63 Days | +114.5% |
Summary: Homes in 22968 had an average of 63 days on market in Nov 2024, up by 114.5% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22968 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 22968; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% 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. 
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved