$4,038 Closing Credit*
$340,000
2,112 SqFt
3 Beds
•3 Full Baths, 1 Partial
Richard Sena, Listing Office: Redfin Corporation
Is 23294, 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, 23294 has remained a Seller's Market.
Key Takeaway
23294 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23294, VA
How much do homes in 23294, VA cost?
Median Sold Price
$352,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,512(+2.2%)
Key Takeaway
Homes in 23294 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 23294 was $352,500 in November 2024, up 2.2% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $331.4K | $283K | -14.6% |
| 3 Bedrooms | $340K | $340K | 0.0% |
| 4 Bedrooms | $352.7K | $401K | +13.7% |
| 5+ Bedrooms | $410K | $442.5K | +7.9% |
Summary: 23294 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 14.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in 23294, VA
How many homes are available in 23294, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The 23294 real estate market had 34 homes for sale in November 2024, a 2.9% 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 23294 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 16.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23294, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 23294 in November 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 23294, VA
How long does it take to sell a home in 23294, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 16 Days | -29.3% |
Summary: Homes in 23294 had an average of 16 days on market in Nov 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23294 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 23294; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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