$4,988 Closing Credit*
$420,000
874 SqFt
2 Beds
•2 Full Baths
Rasheedah Nevers, Listing Office: Samson Properties
Is 23221, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 23221 has remained a Seller's Market.
Key Takeaway
23221 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23221, VA
How much do homes in 23221, VA cost?
Median Sold Price
$670,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$85,000(+14.5%)
Key Takeaway
Homes in 23221 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 23221 was $670,000 in December 2024, up 14.5% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $270K | -3.6% |
| 2 Bedrooms | $305.2K | $352K | +15.3% |
| 3 Bedrooms | $565.5K | $705K | +24.7% |
| 4 Bedrooms | $915K | $870K | -4.9% |
| 5+ Bedrooms | $1.1M | $1.1M | -2.3% |
Summary: 23221 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 24.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in 23221, VA
How many homes are available in 23221, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 40 | 31 | -22.5% |
Summary: The 23221 real estate market had 31 homes for sale in December 2024, a 22.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 23221 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23221, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 23221 in December 2024, up by 54.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.
Days on Market for 23221, VA
How long does it take to sell a home in 23221, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 12 Days | 16 Days | +29.1% |
Summary: Homes in 23221 had an average of 16 days on market in Dec 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23221 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 17 homes were sold in 23221; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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