Is 23669, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23669 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 23669 was a Seller's Market.

Key Takeaway

23669 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 23669, VA

How much do homes in 23669, VA cost?

Median Sold Price

$380,000

$234/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$112,500(+42.1%)

Key Takeaway

Homes in 23669 have sold for 42.1% more than they did a month ago.

Summary: The median home sold price in 23669 was $380,000 in November 2024, up 42.1% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $240.5K$214K
-11.0%
3 --
N/A
4 $267.5K-
N/A
5+ -$546K
N/A

Summary: 23669 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 decreased by 11%, 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%
23661
+15.3%
23663
-22.9%
23664
-59.7%

Housing Supply in 23669, VA

How many homes are available in 23669, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
256261+2.0%

Summary: The 23669 real estate market had 261 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 3227
-15.6%
3 116126
+8.6%
4 7877
-1.3%
5+ 2830
+7.1%

Summary: The 23669 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5542-23.6%

Asking Price vs. Sold Price

2 Homes Were 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 23669, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 23669 in November 2024, down by 23.6% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 23669, VA

How long does it take to sell a home in 23669, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days38 Days-12.4%

Summary: Homes in 23669 had an average of 38 days on market in Nov 2024, down by 12.4% compared to last month.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23669 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 42 homes were sold in 23669; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% 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 23669, VA

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