$2,791 Closing Credit*
$235,000
1,166 SqFt
3 Beds
•1 Full Bath, 1 Partial
Lauren Bradley, Listing Office: River Fox Realty LLC
Is 23228, 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, 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
$340,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,250(+13.1%)
Key Takeaway
Homes in 23228 have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in 23228 was $340,000 in November 2024, up 13.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166.2K | $160K | -3.8% |
| 2 Bedrooms | $227.5K | $270.2K | +18.8% |
| 3 Bedrooms | $315.5K | $342.5K | +8.6% |
| 4 Bedrooms | $358K | $393K | +9.8% |
| 5+ Bedrooms | $396.5K | $370K | -6.7% |
Summary: 23228 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 23228, VA
How many homes are available in 23228, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 99 | -3.9% |
Summary: The 23228 real estate market had 99 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 59 | 60 | +1.7% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 23228 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 8.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23228, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 23228 in November 2024, up by 6.5% month-over-month. Of the 33 sold homes, 24% were sold under asking, 30% were sold at asking, and 45% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +55.0% |
Summary: Homes in 23228 had an average of 17 days on market in Nov 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
7 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 November 2024, 33 homes were sold in 23228; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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