$4,156 Closing Credit*
$350,000
1,453 SqFt
2 Beds
•2 Full Baths, 1 Partial
Dianne Long, Listing Office: Napier REALTORS ERA
Is 23235, 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, 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
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,250(+8.3%)
Key Takeaway
Homes in 23235 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 23235 was $410,000 in October 2024, up 8.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $169.5K | +2.7% |
| 2 Bedrooms | $270K | $295.1K | +9.3% |
| 3 Bedrooms | $348K | $380K | +9.2% |
| 4 Bedrooms | $400K | $441.5K | +10.4% |
| 5+ Bedrooms | $538.6K | $500K | -7.2% |
Summary: 23235 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in 23235, VA
How many homes are available in 23235, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 143 | +3.6% |
Summary: The 23235 real estate market had 143 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 62 | 66 | +6.5% |
| 4 Bedrooms | 48 | 53 | +10.4% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 23235 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23235, you could pay more than the asking price. 55% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in 23235 in October 2024, up by 10.5% month-over-month. Of the 40 sold homes, 20% were sold under asking, 25% were sold at asking, and 55% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 30 Days | +68.2% |
Summary: Homes in 23235 had an average of 30 days on market in Oct 2024, up by 68.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23235 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 23235; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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