$4,572 Closing Credit*
$385,000
1,573 SqFt
4 Beds
•2 Full Baths
Zhanna Shuparska, Listing Office: Joyner Fine Properties
Is 23112, 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, 23112 has remained a Seller's Market.
Key Takeaway
23112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23112, VA
How much do homes in 23112, VA cost?
Median Sold Price
$427,915
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,282(+3.2%)
Key Takeaway
Homes in 23112 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 23112 was $427,915 in November 2024, up 3.2% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.6K | $277.2K | +6.8% |
| 2 Bedrooms | $315.1K | $350K | +11.1% |
| 3 Bedrooms | $360K | $376.5K | +4.6% |
| 4 Bedrooms | $450K | $462.1K | +2.7% |
| 5+ Bedrooms | $578.5K | $575K | -0.6% |
Summary: 23112 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 23112, VA
How many homes are available in 23112, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 370 | 371 | 0.3% |
Summary: The 23112 real estate market had 371 homes for sale in November 2024, a 0.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 11 | +57.1% |
| 2 Bedrooms | 43 | 48 | +11.6% |
| 3 Bedrooms | 133 | 141 | +6.0% |
| 4 Bedrooms | 125 | 109 | -12.8% |
| 5+ Bedrooms | 62 | 62 | 0.0% |
Summary: The 23112 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 80 | -10.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23112, you could pay more than the asking price. 41.8% of homes here sold above asking price last month.
Summary: A total of 80 homes were sold or pending in 23112 in November 2024, down by 10.1% month-over-month. Of the 79 sold homes, 22% were sold under asking, 37% were sold at asking, and 42% were sold over asking.
Days on Market for 23112, VA
How long does it take to sell a home in 23112, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 24 Days | -6.5% |
Summary: Homes in 23112 had an average of 24 days on market in Nov 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23112 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 80 homes were sold in 23112; 73% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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