$3,557 Closing Credit*
$299,500
1,176 SqFt
3 Beds
•2 Full Baths
Matt Cullather, Listing Office: Real Broker LLC
Is 23882, 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, 23882 has remained a Seller's Market.
Key Takeaway
23882 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23882, VA
How much do homes in 23882, VA cost?
Median Sold Price
$234,150
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,650(+21.6%)
Key Takeaway
Homes in 23882 have sold for 21.6% more than they did a year ago.
Summary: The median home sold price in 23882 was $234,150 in October 2024, up 21.6% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | $147K | -20.5% |
| 3 Bedrooms | $97.2K | $182.5K | +87.6% |
| 4 Bedrooms | $219K | $265.5K | +21.2% |
| 5+ Bedrooms | $312.5K | $305K | -2.4% |
Summary: 23882 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 decreased by 20.5%, 3 bedroom homes increased by 87.6%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 2.4%.
Median Sold Price Compared To Nearby Zip Codes
| 23882 | $192.5K | $234.1K | +21.6% |
| 23841 | $293.5K | $300K | +2.2% |
Housing Supply in 23882, VA
How many homes are available in 23882, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Summary: The 23882 real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 23882 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
3 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 23882, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 23882 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 23882, VA
How long does it take to sell a home in 23882, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 56 Days | +100.7% |
Summary: Homes in 23882 had an average of 56 days on market in Oct 2024, up by 100.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 23882 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 23882; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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