$5,261 Closing Credit*
$443,000
1,624 SqFt
3 Beds
•2 Full Baths
Josh Chappell, Listing Office: Prince George Realty
Is 23842, 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, 23842 was a Neutral Market.
Key Takeaway
23842 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 23842, VA
How much do homes in 23842, VA cost?
Median Sold Price
$362,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,501(+10.2%)
Key Takeaway
Homes in 23842 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 23842 was $362,500 in November 2024, up 10.2% 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 | $294.5K | - | N/A |
| 3 Bedrooms | $305K | $332K | +8.9% |
| 4 Bedrooms | $345K | $412.5K | +19.6% |
| 5+ Bedrooms | $450K | $540K | +20.0% |
Summary: 23842 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 8.9%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 20%.
Housing Supply in 23842, VA
How many homes are available in 23842, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Summary: The 23842 real estate market had 25 homes for sale in November 2024, a 19.4% 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 | 1 | +100.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The 23842 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 1 | -93.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23842, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 23842 in November 2024, down by 93.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 23842, VA
How long does it take to sell a home in 23842, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 129 Days | 2 Days | -98.4% |
Summary: Homes in 23842 had an average of 2 days on market in Nov 2024, down by 98.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23842 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 23842; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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