Is 23666, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23666 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23666 has remained a Seller's Market.

Key Takeaway

23666 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23666, VA

How much do homes in 23666, VA cost?

Median Sold Price

$429,900

$213/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$1,349,350(-75.8%)

Key Takeaway

Homes in 23666 have sold for 75.8% less than they did a month ago.

Summary: The median home sold price in 23666 was $429,900 in November 2024, down 75.8% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.7M$429.9K
-75.8%
4 --
N/A
5+ --
N/A

Summary: 23666 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 75.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23605
+35.3%
23661
+15.3%
23666
-75.8%

Housing Supply in 23666, VA

How many homes are available in 23666, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
238249+4.6%

Summary: The 23666 real estate market had 249 homes for sale in November 2024, a 4.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 3439
+14.7%
3 129121
-6.2%
4 6270
+12.9%
5+ 913
+44.4%

Summary: The 23666 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.7%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4750+6.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23666, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 50 homes were sold or pending in 23666 in November 2024, up by 6.4% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 23666, VA

How long does it take to sell a home in 23666, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
37 Days27 Days-27.4%

Summary: Homes in 23666 had an average of 27 days on market in Nov 2024, down by 27.4% compared to last month.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23666 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 50 homes were sold in 23666; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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 23666, VA

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