$4,156 Closing Credit*
$350,000
1,424 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jamie Younger, Listing Office: Long & Foster REALTORS
Is 23832, 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, 23832 has remained a Seller's Market.
Key Takeaway
23832 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23832, VA
How much do homes in 23832, VA cost?
Median Sold Price
$415,266
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,594(+6.6%)
Key Takeaway
Homes in 23832 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 23832 was $415,266 in October 2024, up 6.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | - | N/A |
| 2 Bedrooms | $326.6K | $348.4K | +6.7% |
| 3 Bedrooms | $311.8K | $337K | +8.0% |
| 4 Bedrooms | $420K | $466.7K | +11.1% |
| 5+ Bedrooms | $624.5K | $627K | 0.4% |
Summary: 23832 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 increased by 6.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 23832, VA
How many homes are available in 23832, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 200 | +7.0% |
Summary: The 23832 real estate market had 200 homes for sale in October 2024, a 7.0% increase 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 65 | 68 | +4.6% |
| 4 Bedrooms | 77 | 82 | +6.5% |
| 5+ Bedrooms | 41 | 45 | +9.8% |
Summary: The 23832 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 increased by 25%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 48 | +17.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23832, you could pay more than the asking price. 39.1% of homes here sold above asking price last month.
Summary: A total of 48 homes were sold or pending in 23832 in October 2024, up by 17.1% month-over-month. Of the 46 sold homes, 35% were sold under asking, 26% were sold at asking, and 39% were sold over asking.
Days on Market for 23832, VA
How long does it take to sell a home in 23832, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 25 Days | +59.6% |
Summary: Homes in 23832 had an average of 25 days on market in Oct 2024, up by 59.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23832 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 48 homes were sold in 23832; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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