$40,000
0.44 Acres
Land
Mike Chenault, Listing Office: Hometown Realty
Is 23141, 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, 23141 has remained a Seller's Market.
Key Takeaway
23141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23141, VA
How much do homes in 23141, VA cost?
Median Sold Price
$420,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,500(+6.7%)
Key Takeaway
Homes in 23141 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 23141 was $420,000 in November 2024, up 6.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $228.9K | +38.8% |
| 3 Bedrooms | $360K | $374.4K | +4.0% |
| 4 Bedrooms | $419.9K | $508.5K | +21.1% |
| 5+ Bedrooms | $490K | $506K | +3.3% |
Summary: 23141 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 38.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in 23141, VA
How many homes are available in 23141, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 23141 real estate market had 51 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 23141 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 decreased by 50%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23141, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 23141 in November 2024, up by 16.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 23141, VA
How long does it take to sell a home in 23141, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 57 Days | +129.1% |
Summary: Homes in 23141 had an average of 57 days on market in Nov 2024, up by 129.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 23141 has remained consistent over time.
Summary: During November 2024, 14 homes were sold in 23141; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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