$3,324 Closing Credit*
$279,900
1,104 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ana Ron, Listing Office: ANR Realty
Is 23237, 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, 23237 has remained a Seller's Market.
Key Takeaway
23237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23237, VA
How much do homes in 23237, VA cost?
Median Sold Price
$320,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+6.7%)
Key Takeaway
Homes in 23237 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 23237 was $320,000 in November 2024, up 6.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $205K | $190.5K | -7.1% |
| 3 Bedrooms | $283K | $310K | +9.5% |
| 4 Bedrooms | $334K | $370K | +10.8% |
| 5+ Bedrooms | $412.5K | $390K | -5.5% |
Summary: 23237 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 decreased by 7.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in 23237, VA
How many homes are available in 23237, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 72 | -5.3% |
Summary: The 23237 real estate market had 72 homes for sale in November 2024, a 5.3% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 48 | 50 | +4.2% |
| 4 Bedrooms | 19 | 14 | -26.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 23237 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 33.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23237, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 23237 in November 2024, down by 9.5% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 23237, VA
How long does it take to sell a home in 23237, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 23 Days | +20.1% |
Summary: Homes in 23237 had an average of 23 days on market in Nov 2024, up by 20.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23237 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 23237; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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