$4,868 Closing Credit*
$409,950
2,031 SqFt
4 Beds
•2 Full Baths, 1 Partial
Shelly Blair, Listing Office: Village Concepts Realty Group
Is 23027, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 23027 was a Buyer's Market.
Key Takeaway
23027 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23027, VA
How much do homes in 23027, VA cost?
Median Sold Price
$305,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$27,600(+9.9%)
Key Takeaway
Homes in 23027 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 23027 was $305,000 in December 2024, up 9.9% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $179.9K | N/A |
| 2 Bedrooms | $189.5K | $440K | +132.2% |
| 3 Bedrooms | $284.9K | $302.4K | +6.2% |
| 4 Bedrooms | $260K | $619.9K | +138.5% |
| 5+ Bedrooms | $384K | - | N/A |
Summary: 23027 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 132.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 138.5%, and 5+ bedroom homes did not change.
Housing Supply in 23027, VA
How many homes are available in 23027, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 23027 real estate market had 11 homes for sale in December 2024, a 15.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 23027 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23027, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 23027 in December 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 23027, VA
How long does it take to sell a home in 23027, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 11 Days | 32 Days | +190.9% |
Summary: Homes in 23027 had an average of 32 days on market in Dec 2024, up by 190.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23027 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 23027; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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