$4,879 Closing Credit*
$410,900
1,514 SqFt
3 Beds
•2 Full Baths
Heather Grubb, Listing Office: First Choice Realty
Is 23083, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 23083 was a Seller's Market.
Key Takeaway
23083 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 23083, VA
How much do homes in 23083, VA cost?
Median Sold Price
$328,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+2.5%)
Key Takeaway
Homes in 23083 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 23083 was $328,000 in November 2024, up 2.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | - | N/A |
| 3 Bedrooms | $297.5K | $325K | +9.2% |
| 4 Bedrooms | $470.5K | $480K | +2.0% |
| 5+ Bedrooms | $395K | $462.4K | +17.1% |
Summary: 23083 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 did not change, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Zip Codes
| 23966 | $225K | $299K | +32.9% |
| 23002 | $305K | $339K | +11.1% |
| 23083 | $320K | $328K | +2.5% |
Housing Supply in 23083, VA
How many homes are available in 23083, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The 23083 real estate market had 12 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23083 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 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23083, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 23083 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 23083, VA
How long does it take to sell a home in 23083, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 50 Days | +288.5% |
Summary: Homes in 23083 had an average of 50 days on market in Nov 2024, up by 288.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23083 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 23083; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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