$10,000
0.32 Acres
Land
Cynthia L Welsh, Listing Office: Hall Realty
Is 23356, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 23356 was a Seller's Market.
Key Takeaway
23356 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 23356, VA
How much do homes in 23356, VA cost?
Median Sold Price
$317,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,544(-2.3%)
Key Takeaway
Homes in 23356 have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in 23356 was $317,000 in October 2024, down 2.3% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $225K | +164.7% |
| 2 Bedrooms | $222K | $296.9K | +33.8% |
| 3 Bedrooms | $303.5K | $299K | -1.5% |
| 4 Bedrooms | $380.4K | $453.4K | +19.2% |
| 5+ Bedrooms | - | $857.5K | N/A |
Summary: 23356 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 164.7%, 2 bedroom homes increased by 33.8%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes did not change.
Housing Supply in 23356, VA
How many homes are available in 23356, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The 23356 real estate market had 35 homes for sale in October 2024, a 9.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 23356 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23356, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 23356 in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for 23356, VA
How long does it take to sell a home in 23356, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 104 Days | +55.5% |
Summary: Homes in 23356 had an average of 104 days on market in Oct 2024, up by 55.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23356 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 23356; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Copyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.