$3,266 Closing Credit*
$275,000
2,095 SqFt
3 Beds
•3 Full Baths
JESSICA SAMPLE, Listing Office: EXP REALTY LLC - FREDERICKSBURG
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
Last month, 22980 was a Seller's Market.
Key Takeaway
22980 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 22980, VA
How much do homes in 22980, VA cost?
Median Sold Price
$415,000
$187/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$84,065(+25.4%)
Key Takeaway
Homes in 22980 have sold for 25.4% more than they did a month ago.
Summary: The median home sold price in 22980 was $415,000 in November 2024, up 25.4% from last month, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $199K | +17.1% |
| 3 Bedrooms | $295K | $451.2K | +53.0% |
| 4 Bedrooms | $386.6K | $348.7K | -9.8% |
| 5+ Bedrooms | $469.5K | $532K | +13.3% |
Summary: 22980 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 increased by 17.1%, 3 bedroom homes increased by 53%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Zip Codes
| 22980 | $330.9K | $415K | +25.4% |
| 22939 | $449.7K | $497K | +10.5% |
Housing Supply in 22980, VA
How many homes are available in 22980, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 43 | 0.0% |
Summary: The 22980 real estate market had 43 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 22980 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 25%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 22980, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 22980 in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 34 Days | -38.0% |
Summary: Homes in 22980 had an average of 34 days on market in Nov 2024, down by 38% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22980 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 22980; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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