$9,263 Closing Credit*
$780,000
2,531 SqFt
4 Beds
•3 Full Baths, 1 Partial
#10563868, Miguel Collado, Listing Office: Howard Hanna Real Estate Svcs.
Is 23188, 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, 23188 was a Buyer's Market.
Key Takeaway
23188 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23188, VA
How much do homes in 23188, VA cost?
Median Sold Price
$510,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.1%)
Key Takeaway
Homes in 23188 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 23188 was $510,000 in November 2024, up 4.1% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142.5K | $251K | +76.1% |
| 2 Bedrooms | $263K | $285K | +8.4% |
| 3 Bedrooms | $427K | $415K | -2.8% |
| 4 Bedrooms | $605K | $645K | +6.6% |
| 5+ Bedrooms | $775K | $865K | +11.6% |
Summary: 23188 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.1%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 23188, VA
How many homes are available in 23188, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 297 | 294 | -1.0% |
Summary: The 23188 real estate market had 294 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 32 | 36 | +12.5% |
| 3 Bedrooms | 135 | 143 | +5.9% |
| 4 Bedrooms | 91 | 77 | -15.4% |
| 5+ Bedrooms | 36 | 35 | -2.8% |
Summary: The 23188 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 12.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 2.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 74 | +15.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23188, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 74 homes were sold or pending in 23188 in November 2024, up by 15.6% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for 23188, VA
How long does it take to sell a home in 23188, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 28 Days | +111.6% |
Summary: Homes in 23188 had an average of 28 days on market in Nov 2024, up by 111.6% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23188 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 74 homes were sold in 23188; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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