$4,749 Closing Credit*
$399,900
2,064 SqFt
4 Beds
•2 Full Baths, 1 Partial
Aaron Bryant, Listing Office: Prince George Realty
Is 23805, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 23805 has remained a Seller's Market.
Key Takeaway
23805 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23805, VA
How much do homes in 23805, VA cost?
Median Sold Price
$248,787
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,787(+3.7%)
Key Takeaway
Homes in 23805 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 23805 was $248,787 in October 2024, up 3.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.2K | $155K | -0.8% |
| 3 Bedrooms | $235K | $237.2K | +1.0% |
| 4 Bedrooms | $245K | $289.9K | +18.3% |
| 5+ Bedrooms | $395K | $380K | -3.8% |
Summary: 23805 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 23805, VA
How many homes are available in 23805, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 51 | -12.1% |
Summary: The 23805 real estate market had 51 homes for sale in October 2024, a 12.1% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 42 | 29 | -31.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 23805 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 remained the same, 3 bedroom homes decreased by 31%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 13 | -38.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23805, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 23805 in October 2024, down by 38.1% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for 23805, VA
How long does it take to sell a home in 23805, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 15 Days | -42.6% |
Summary: Homes in 23805 had an average of 15 days on market in Oct 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23805 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 23805; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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