$4,928 Closing Credit*
$415,000
2,164 SqFt
4 Beds
•2 Full Baths, 1 Partial
Matthew Henry, Listing Office: KW Metro Center
Is 23836, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 23836 was a Buyer's Market.
Key Takeaway
23836 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23836, VA
How much do homes in 23836, VA cost?
Median Sold Price
$437,520
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,520(+8.0%)
Key Takeaway
Homes in 23836 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 23836 was $437,520 in October 2024, up 8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $435K | $501.1K | +15.2% |
| 3 Bedrooms | $316.4K | $350K | +10.6% |
| 4 Bedrooms | $405K | $425K | +4.9% |
| 5+ Bedrooms | $564K | $580K | +2.8% |
Summary: 23836 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 15.2%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in 23836, VA
How many homes are available in 23836, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 78 | -3.7% |
Summary: The 23836 real estate market had 78 homes for sale in October 2024, a 3.7% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 32 | 32 | 0.0% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 23836 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23836, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 23836 in October 2024, down by 28.6% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 23836, VA
How long does it take to sell a home in 23836, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 42 Days | +61.2% |
Summary: Homes in 23836 had an average of 42 days on market in Oct 2024, up by 61.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23836 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 23836; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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