Is 23119, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23119 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23119 has remained a Seller's Market.

Key Takeaway

23119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23119, VA

How much do homes in 23119, VA cost?

Median Sold Price

$580,250

$266/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$361,500(+165.3%)

Key Takeaway

Homes in 23119 have sold for 165.3% more than they did a month ago.

Summary: The median home sold price in 23119 was $580,250 in October 2024, up 165.3% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $218.7K-
N/A
3 -$580.2K
N/A
4 --
N/A
5+ --
N/A

Summary: 23119 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23119
+165.3%
23109
-15.1%

Housing Supply in 23119, VA

How many homes are available in 23119, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107-30.0%

Summary: The 23119 real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 30
-100.0%
3 66
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 23119 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23119, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 23119 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 23119, VA

How long does it take to sell a home in 23119, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
79 Days46 Days-41.1%

Summary: Homes in 23119 had an average of 46 days on market in Oct 2024, down by 41.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 23119 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 23119; 0% of homes were sold within 30 days, 100% 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 23 Days Ago

Newest Listings in 23119, VA

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