$1,366 Closing Credit*
$115,000
728 SqFt
2 Beds
•1 Full Bath
David K Spence, Listing Office: ICON Real Estate, LLC
Is 22980, 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, 22980 has remained a Seller's Market.
Key Takeaway
22980 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22980, VA
How much do homes in 22980, VA cost?
Median Sold Price
$309,100
$197/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$23,100(+8.1%)
Key Takeaway
Homes in 22980 have sold for 8.1% more than they did a month ago.
Summary: The median home sold price in 22980 was $309,100 in October 2024, up 8.1% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198K | $170K | -14.1% |
| 3 Bedrooms | $286K | $261K | -8.7% |
| 4 Bedrooms | $325K | $386.6K | +19.0% |
| 5+ Bedrooms | - | $469.5K | N/A |
Summary: 22980 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 22939 | $325K | $447.3K | +37.6% |
| 22980 | $286K | $309.1K | +8.1% |
Housing Supply in 22980, VA
How many homes are available in 22980, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The 22980 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 22980 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22980, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 22980 in October 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for 22980, VA
How long does it take to sell a home in 22980, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 55 Days | +327.8% |
Summary: Homes in 22980 had an average of 55 days on market in Oct 2024, up by 327.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22980 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 22980; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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