$4,216 Closing Credit*
$355,000
2,001 SqFt
3 Beds
•2 Full Baths
Linda Yoder, Listing Office: Yoder Properties, Inc.
Is 23901, 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, 23901 has remained a Seller's Market.
Key Takeaway
23901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23901, VA
How much do homes in 23901, VA cost?
Median Sold Price
$315,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$53,500(+20.5%)
Key Takeaway
Homes in 23901 have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in 23901 was $315,000 in October 2024, up 20.5% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $460K | +384.2% |
| 2 Bedrooms | $135K | $199.4K | +47.8% |
| 3 Bedrooms | $260K | $299.9K | +15.4% |
| 4 Bedrooms | $305.5K | $334.4K | +9.5% |
| 5+ Bedrooms | $350K | $441K | +26.0% |
Summary: 23901 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 384.2%, 2 bedroom homes increased by 47.8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 26%.
Median Sold Price Compared To Nearby Zip Codes
| 23966 | $225K | $278K | +23.6% |
| 23901 | $261.5K | $315K | +20.5% |
| 23958 | $210K | $170K | -19.0% |
Housing Supply in 23901, VA
How many homes are available in 23901, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 57 | +5.6% |
Summary: The 23901 real estate market had 57 homes for sale in October 2024, a 5.6% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 26 | 30 | +15.4% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 23901 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 increased by 14.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23901, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 23901 in October 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for 23901, VA
How long does it take to sell a home in 23901, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 70 Days | +191.7% |
Summary: Homes in 23901 had an average of 70 days on market in Oct 2024, up by 191.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23901 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 23901; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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