Is 23664, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23664 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 23664 was a Seller's Market.

Key Takeaway

23664 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 23664, VA

How much do homes in 23664, VA cost?

Median Sold Price

$295,900

$191/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$439,100(-59.7%)

Key Takeaway

Homes in 23664 have sold for 59.7% less than they did a month ago.

Summary: The median home sold price in 23664 was $295,900 in November 2024, down 59.7% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$295.9K
N/A
4 $735K-
N/A
5+ --
N/A

Summary: 23664 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23669
+42.1%
23662
+20.0%
23663
-22.9%
23664
-59.7%

Housing Supply in 23664, VA

How many homes are available in 23664, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
80800.0%

Summary: The 23664 real estate market had 80 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1511
-26.7%
3 2730
+11.1%
4 3130
-3.2%
5+ 79
+28.6%

Summary: The 23664 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 26.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
178-52.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23664, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 23664 in November 2024, down by 52.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 23664, VA

How long does it take to sell a home in 23664, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
66 Days43 Days-34.8%

Summary: Homes in 23664 had an average of 43 days on market in Nov 2024, down by 34.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 23664 has remained consistent over time.

Summary: During November 2024, 8 homes were sold in 23664; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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 23664, VA

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