$85,500
Land
#10559907, Angela Hebert, Listing Office: G Daniels & Company
Is 23168, 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, 23168 has remained a Seller's Market.
Key Takeaway
23168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23168, VA
How much do homes in 23168, VA cost?
Median Sold Price
$466,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,100(+3.6%)
Key Takeaway
Homes in 23168 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 23168 was $466,000 in October 2024, up 3.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $208K | - | N/A |
| 3 Bedrooms | $373.2K | $365K | -2.2% |
| 4 Bedrooms | $475K | $500K | +5.3% |
| 5+ Bedrooms | $554.9K | $536K | -3.4% |
Summary: 23168 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 did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 3.4%.
Housing Supply in 23168, VA
How many homes are available in 23168, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 60 | 0.0% |
Summary: The 23168 real estate market had 60 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 23168 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 remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23168, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 23168 in October 2024, up by 9.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 23168, VA
How long does it take to sell a home in 23168, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 31 Days | -27.0% |
Summary: Homes in 23168 had an average of 31 days on market in Oct 2024, down by 27% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23168 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 23168; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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