$6,649 Closing Credit*
$559,950
2,150 SqFt
4 Beds
•3 Full Baths
Linda Throckmorton, Listing Office: BHG Base Camp
Is 23838, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 23838 was a Buyer's Market.
Key Takeaway
23838 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 23838, VA
How much do homes in 23838, VA cost?
Median Sold Price
$598,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,833(+8.5%)
Key Takeaway
Homes in 23838 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 23838 was $598,500 in November 2024, up 8.5% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $375.2K | $390K | +3.9% |
| 4 Bedrooms | $545K | $583.8K | +7.1% |
| 5+ Bedrooms | $698.1K | $699.9K | 0.3% |
Summary: 23838 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 0.3%.
Housing Supply in 23838, VA
How many homes are available in 23838, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 89 | -9.2% |
Summary: The 23838 real estate market had 89 homes for sale in November 2024, a 9.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 46 | 41 | -10.9% |
| 5+ Bedrooms | 28 | 26 | -7.1% |
Summary: The 23838 housing inventory by bedroom type for November 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 8.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 13 | -51.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23838, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 23838 in November 2024, down by 51.9% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for 23838, VA
How long does it take to sell a home in 23838, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 99 Days | +201.5% |
Summary: Homes in 23838 had an average of 99 days on market in Nov 2024, up by 201.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23838 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 23838; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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