$450,000
10.47 Acres
Land
Wayne Isbell, Listing Office: Fine Creek Realty
Is 23146, 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, 23146 has remained a Seller's Market.
Key Takeaway
23146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23146, VA
How much do homes in 23146, VA cost?
Median Sold Price
$624,950
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,950(+11.0%)
Key Takeaway
Homes in 23146 have sold for 11% more than they did a year ago.
Summary: The median home sold price in 23146 was $624,950 in November 2024, up 11% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | - | N/A |
| 2 Bedrooms | $240K | $626.2K | +160.9% |
| 3 Bedrooms | $540K | $609.8K | +12.9% |
| 4 Bedrooms | $550K | $557K | +1.3% |
| 5+ Bedrooms | $866.3K | $850.6K | -1.8% |
Summary: 23146 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 160.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 23146, VA
How many homes are available in 23146, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The 23146 real estate market had 24 homes for sale in November 2024, a 17.2% decrease 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 8 | -27.3% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 23146 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 100%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23146, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 23146 in November 2024, down by 28.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 23146, VA
How long does it take to sell a home in 23146, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 45 Days | +196.7% |
Summary: Homes in 23146 had an average of 45 days on market in Nov 2024, up by 196.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23146 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 23146; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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