$2,375 Closing Credit*
$200,000
980 SqFt
3 Beds
•1 Full Bath
Alyssa Devereaux, Listing Office: Compass
Is 23222, 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, 23222 has remained a Seller's Market.
Key Takeaway
23222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23222, VA
How much do homes in 23222, VA cost?
Median Sold Price
$329,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+9.7%)
Key Takeaway
Homes in 23222 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 23222 was $329,000 in November 2024, up 9.7% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $218.9K | +1.8% |
| 3 Bedrooms | $295K | $331K | +12.2% |
| 4 Bedrooms | $335K | $363.7K | +8.6% |
| 5+ Bedrooms | $501K | $419.5K | -16.3% |
Summary: 23222 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 1.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 16.3%.
Housing Supply in 23222, VA
How many homes are available in 23222, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 141 | -1.4% |
Summary: The 23222 real estate market had 141 homes for sale in November 2024, a 1.4% 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 | 10 | 8 | -20.0% |
| 3 Bedrooms | 87 | 92 | +5.7% |
| 4 Bedrooms | 41 | 39 | -4.9% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 23222 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 decreased by 20%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 25 | -40.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23222, expect to pay close to the asking price. 52% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 23222 in November 2024, down by 40.5% month-over-month. Of the 25 sold homes, 20% were sold under asking, 52% were sold at asking, and 28% were sold over asking.
Days on Market for 23222, VA
How long does it take to sell a home in 23222, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 22 Days | +13.0% |
Summary: Homes in 23222 had an average of 22 days on market in Nov 2024, up by 13% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23222 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 23222; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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