$4,738 Closing Credit*
$399,000
1,625 SqFt
3 Beds
•2 Full Baths
Martin Deane Cheatham III, Listing Office: Hometown Realty Services, Inc.
Is 23141, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$411,073
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,473(+5.2%)
Key Takeaway
Homes in 23141 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 23141 was $411,073 in October 2024, up 5.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $228.9K | +38.8% |
| 3 Bedrooms | $360K | $365.5K | +1.5% |
| 4 Bedrooms | $419.9K | $507K | +20.7% |
| 5+ Bedrooms | $487.9K | $508K | +4.1% |
Summary: 23141 housing prices by bedroom type for October 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 1.5%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 23141, VA
How many homes are available in 23141, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 57 | +16.3% |
Summary: The 23141 real estate market had 57 homes for sale in October 2024, a 16.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 23141 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23141, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 23141 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 16 Days | -1.9% |
Summary: Homes in 23141 had an average of 16 days on market in Oct 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23141 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 23141; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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