$4,038 Closing Credit*
$340,000
1,080 SqFt
3 Beds
•2 Full Baths
#10563728, Jennifer Brown, Listing Office: Liz Moore & Associates LLC
Is 23089, 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, 23089 was a Neutral Market.
Key Takeaway
23089 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 23089, VA
How much do homes in 23089, VA cost?
Median Sold Price
$399,999
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,599(+6.0%)
Key Takeaway
Homes in 23089 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 23089 was $399,999 in November 2024, up 6% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $145.5K | N/A |
| 2 Bedrooms | $249.9K | $70K | -72.0% |
| 3 Bedrooms | $366.5K | $393.5K | +7.4% |
| 4 Bedrooms | $561.2K | $673K | +19.9% |
| 5+ Bedrooms | - | $945K | N/A |
Summary: 23089 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 72%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes did not change.
Housing Supply in 23089, VA
How many homes are available in 23089, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 26 | -27.8% |
Summary: The 23089 real estate market had 26 homes for sale in November 2024, a 27.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 20 | 14 | -30.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 23089 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 3 | -76.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23089, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 23089 in November 2024, down by 76.9% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 23089, VA
How long does it take to sell a home in 23089, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 49 Days | +107.7% |
Summary: Homes in 23089 had an average of 49 days on market in Nov 2024, up by 107.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 23089 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 23089; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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