Is 23663, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23663 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 23663 has remained a Buyer's Market.

Key Takeaway

23663 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 23663, VA

How much do homes in 23663, VA cost?

Median Sold Price

$219,000

$176/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$64,950(-22.9%)

Key Takeaway

Homes in 23663 have sold for 22.9% less than they did a month ago.

Summary: The median home sold price in 23663 was $219,000 in November 2024, down 22.9% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $283.9K$219K
-22.9%
4 --
N/A
5+ --
N/A

Summary: 23663 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23669
+42.1%
23663
-22.9%
23664
-59.7%

Housing Supply in 23663, VA

How many homes are available in 23663, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
94104+10.6%

Summary: The 23663 real estate market had 104 homes for sale in November 2024, a 10.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1516
+6.7%
3 4955
+12.2%
4 2526
+4.0%
5+ 55
0.0%

Summary: The 23663 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23663, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 23663 in November 2024, down by 23.1% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 23663, VA

How long does it take to sell a home in 23663, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days35 Days-10.8%

Summary: Homes in 23663 had an average of 35 days on market in Nov 2024, down by 10.8% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23663 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 23663; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 23663, VA

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