$5,297 Closing Credit*
$446,065
1,836 SqFt
3 Beds
•2 Full Baths, 1 Partial
Danielle Wallace, Listing Office: HHHunt Realty Inc
Is 23120, 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, 23120 was a Seller's Market.
Key Takeaway
23120 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 23120, VA
How much do homes in 23120, VA cost?
Median Sold Price
$581,995
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,401(+0.9%)
Key Takeaway
Homes in 23120 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 23120 was $581,995 in November 2024, up 0.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $432.6K | $576.1K | +33.2% |
| 3 Bedrooms | $418.4K | $444.1K | +6.2% |
| 4 Bedrooms | $575.5K | $625.9K | +8.8% |
| 5+ Bedrooms | $685K | $689.9K | +0.7% |
Summary: 23120 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 increased by 33.2%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 23120, VA
How many homes are available in 23120, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 171 | 175 | +2.3% |
Summary: The 23120 real estate market had 175 homes for sale in November 2024, a 2.3% 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 | 9 | 10 | +11.1% |
| 3 Bedrooms | 60 | 63 | +5.0% |
| 4 Bedrooms | 74 | 73 | -1.4% |
| 5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The 23120 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 increased by 11.1%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 26 | -25.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23120, expect to pay close to the asking price. 34.6% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in 23120 in November 2024, down by 25.7% month-over-month. Of the 26 sold homes, 31% were sold under asking, 35% were sold at asking, and 35% were sold over asking.
Days on Market for 23120, VA
How long does it take to sell a home in 23120, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 34 Days | -1.1% |
Summary: Homes in 23120 had an average of 34 days on market in Nov 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 23120; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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