Is 23219, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23219 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 23219 was a Buyer's Market.

Key Takeaway

23219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23219, VA

How much do homes in 23219, VA cost?

Median Sold Price

$320,250

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$34,750(-9.8%)

Key Takeaway

Homes in 23219 have sold for 9.8% less than they did a year ago.

Summary: The median home sold price in 23219 was $320,250 in October 2024, down 9.8% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $268.7K$263.7K
-1.9%
2 $420K$387K
-7.9%
3 $387.5K$355K
-8.4%
4 $500K$635K
+27.0%
5+ $370K$215K
-41.9%

Summary: 23219 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes increased by 27%, and 5+ bedroom homes decreased by 41.9%.

Median Sold Price Compared To Nearby Zip Codes

23222
+12.1%
23223
+4.1%
23220
+1.3%
23219
-9.8%

Housing Supply in 23219, VA

How many homes are available in 23219, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The 23219 real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 911
+22.2%
2 76
-14.3%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 23219 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23219, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 23219 in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 23219, VA

How long does it take to sell a home in 23219, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days37 Days+184.6%

Summary: Homes in 23219 had an average of 37 days on market in Oct 2024, up by 184.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23219 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 23219; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 23219, VA

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