Is 23035, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23035 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 23035 was a Seller's Market.

Key Takeaway

23035 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 23035, VA

How much do homes in 23035, VA cost?

Median Sold Price

$178,050

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$172,900(-49.3%)

Key Takeaway

Homes in 23035 have sold for 49.3% less than they did a year ago.

Summary: The median home sold price in 23035 was $178,050 in November 2024, down 49.3% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $596.5K-
N/A
2 $359.9K$161K
-55.3%
3 $342K$185K
-45.9%
4 $125K$432.5K
+246.0%
5+ --
N/A

Summary: 23035 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.3%, 3 bedroom homes decreased by 45.9%, 4 bedroom homes increased by 246%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23070
+20.5%
23035
-49.3%

Housing Supply in 23035, VA

How many homes are available in 23035, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The 23035 real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 1920
+5.3%
4 35
+66.7%
5+ 00
0.0%

Summary: The 23035 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23035, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 23035 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 23035, VA

How long does it take to sell a home in 23035, VA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days5 Days-71.7%

Summary: Homes in 23035 had an average of 5 days on market in Nov 2024, down by 71.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23035 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 23035; 100% of homes were sold within 30 days, 0% 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 23035, VA

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