$3,800 Closing Credit*
$320,000
1,392 SqFt
5 Beds
•2 Full Baths
Tonji Cooke, Listing Office: Legacy Builders Real Estate Group LLC
Is 23872, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 23872 was a Buyer's Market.
Key Takeaway
23872 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23872, VA
How much do homes in 23872, VA cost?
Median Sold Price
$225,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$17,000(+8.2%)
Key Takeaway
Homes in 23872 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 23872 was $225,000 in December 2024, up 8.2% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $145K | -23.7% |
| 3 Bedrooms | $200K | $220K | +10.0% |
| 4 Bedrooms | $265K | $287.5K | +8.5% |
| 5+ Bedrooms | $267K | $420K | +57.3% |
Summary: 23872 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 57.3%.
Housing Supply in 23872, VA
How many homes are available in 23872, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 23872 real estate market had 9 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23872 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23872, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 23872 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 23872, VA
How long does it take to sell a home in 23872, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 15 Days | 11 Days | -23.3% |
Summary: Homes in 23872 had an average of 11 days on market in Dec 2024, down by 23.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23872 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 23872; 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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