$4,691 Closing Credit*
$395,000
2,134 SqFt
3 Beds
•2 Full Baths, 1 Partial
Susanne Azizi Haas, Listing Office: Haas Realty Group
Is 23228, 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, 23228 has remained a Seller's Market.
Key Takeaway
23228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23228, VA
How much do homes in 23228, VA cost?
Median Sold Price
$340,562
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,562(+13.5%)
Key Takeaway
Homes in 23228 have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in 23228 was $340,562 in October 2024, up 13.5% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $160K | +14.3% |
| 2 Bedrooms | $229.5K | $260K | +13.3% |
| 3 Bedrooms | $311.1K | $345K | +10.9% |
| 4 Bedrooms | $356.5K | $397.4K | +11.5% |
| 5+ Bedrooms | $396.5K | $377.5K | -4.8% |
Summary: 23228 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in 23228, VA
How many homes are available in 23228, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 105 | +23.5% |
Summary: The 23228 real estate market had 105 homes for sale in October 2024, a 23.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 19 | 23 | +21.1% |
| 3 Bedrooms | 46 | 59 | +28.3% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 23228 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23228, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 23228 in October 2024, up by 3.7% month-over-month. Of the 28 sold homes, 18% were sold under asking, 25% were sold at asking, and 57% were sold over asking.
Days on Market for 23228, VA
How long does it take to sell a home in 23228, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 12 Days | -25.8% |
Summary: Homes in 23228 had an average of 12 days on market in Oct 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
24 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 23228 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 23228; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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