$10,000 Closing Credit*
$1,025,320
3,885 SqFt
6 Beds
•5 Full Baths
Brittany Zicafoose Valentine, Listing Office: Richmond Real Estate Assoc Ltd
Is 23059, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 23059 has remained a Seller's Market.
Key Takeaway
23059 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23059, VA
How much do homes in 23059, VA cost?
Median Sold Price
$616,640
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,536(+6.3%)
Key Takeaway
Homes in 23059 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 23059 was $616,640 in November 2024, up 6.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $309.3K | $308K | -0.4% |
| 2 Bedrooms | $323.3K | $350.4K | +8.4% |
| 3 Bedrooms | $453.2K | $480.6K | +6.0% |
| 4 Bedrooms | $610.5K | $650K | +6.5% |
| 5+ Bedrooms | $813.8K | $845K | +3.8% |
Summary: 23059 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in 23059, VA
How many homes are available in 23059, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 188 | 169 | -10.1% |
Summary: The 23059 real estate market had 169 homes for sale in November 2024, a 10.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 67 | 55 | -17.9% |
| 4 Bedrooms | 69 | 68 | -1.4% |
| 5+ Bedrooms | 46 | 42 | -8.7% |
Summary: The 23059 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 36 | -30.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23059, expect to pay close to the asking price. 34.3% of homes here sold near the asking price last month.
Summary: A total of 36 homes were sold or pending in 23059 in November 2024, down by 30.8% month-over-month. Of the 35 sold homes, 31% were sold under asking, 34% were sold at asking, and 34% were sold over asking.
Days on Market for 23059, VA
How long does it take to sell a home in 23059, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 19 Days | -1.6% |
Summary: Homes in 23059 had an average of 19 days on market in Nov 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23059 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 36 homes were sold in 23059; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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