$2,612 Closing Credit*
$219,950
988 SqFt
2 Beds
•1 Full Bath, 1 Partial
Matt Chabal, Listing Office: Real Broker LLC
Is 23235, 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, 23235 has remained a Seller's Market.
Key Takeaway
23235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23235, VA
How much do homes in 23235, VA cost?
Median Sold Price
$410,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,523(+7.2%)
Key Takeaway
Homes in 23235 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 23235 was $410,000 in November 2024, up 7.2% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $169.5K | +2.7% |
| 2 Bedrooms | $275K | $338K | +22.9% |
| 3 Bedrooms | $353K | $379K | +7.4% |
| 4 Bedrooms | $401.4K | $447K | +11.3% |
| 5+ Bedrooms | $536.1K | $536.3K | 0.0% |
Summary: 23235 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Housing Supply in 23235, VA
How many homes are available in 23235, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 116 | -14.1% |
Summary: The 23235 real estate market had 116 homes for sale in November 2024, a 14.1% 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 | 10 | 5 | -50.0% |
| 3 Bedrooms | 62 | 56 | -9.7% |
| 4 Bedrooms | 52 | 46 | -11.5% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 23235 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 50%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 34 | -22.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23235, you could pay more than the asking price. 35.3% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in 23235 in November 2024, down by 22.7% month-over-month. Of the 34 sold homes, 32% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market for 23235, VA
How long does it take to sell a home in 23235, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 15 Days | +69.7% |
Summary: Homes in 23235 had an average of 15 days on market in Nov 2024, up by 69.7% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23235 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 34 homes were sold in 23235; 88% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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