$4,026 Closing Credit*
$339,000
1,728 SqFt
4 Beds
•2 Full Baths, 1 Partial
Eric Walker, Listing Office: EXP Realty LLC
Is 23834, 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, 23834 has remained a Seller's Market.
Key Takeaway
23834 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23834, VA
How much do homes in 23834, VA cost?
Median Sold Price
$295,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,000(+15.2%)
Key Takeaway
Homes in 23834 have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in 23834 was $295,000 in October 2024, up 15.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $177.6K | $200K | +12.6% |
| 3 Bedrooms | $250K | $275K | +10.0% |
| 4 Bedrooms | $314.9K | $335K | +6.4% |
| 5+ Bedrooms | $374.4K | $430K | +14.8% |
Summary: 23834 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 12.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in 23834, VA
How many homes are available in 23834, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 121 | +8.0% |
Summary: The 23834 real estate market had 121 homes for sale in October 2024, a 8.0% 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 | 6 | 10 | +66.7% |
| 3 Bedrooms | 65 | 66 | +1.5% |
| 4 Bedrooms | 25 | 33 | +32.0% |
| 5+ Bedrooms | 16 | 12 | -25.0% |
Summary: The 23834 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 66.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 32%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23834, you could pay more than the asking price. 43.3% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in 23834 in October 2024, up by 10.7% month-over-month. Of the 30 sold homes, 37% were sold under asking, 20% were sold at asking, and 43% were sold over asking.
Days on Market for 23834, VA
How long does it take to sell a home in 23834, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 21 Days | +19.0% |
Summary: Homes in 23834 had an average of 21 days on market in Oct 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23834 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in 23834; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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