Is 23922, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23922 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23922 has remained a Seller's Market.

Key Takeaway

23922 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23922, VA

How much do homes in 23922, VA cost?

Median Sold Price

$284,950

$175/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$59,950(-17.4%)

Key Takeaway

Homes in 23922 have sold for 17.4% less than they did a month ago.

Summary: The median home sold price in 23922 was $284,950 in November 2024, down 17.4% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $344.9K$309.9K
-10.1%
4 $115K$250K
+117.4%
5+ --
N/A

Summary: 23922 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 117.4%, and 5+ bedroom homes did not change.

Housing Supply in 23922, VA

How many homes are available in 23922, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1411-21.4%

Summary: The 23922 real estate market had 11 homes for sale in November 2024, a 21.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 97
-22.2%
4 43
-25.0%
5+ 11
0.0%

Summary: The 23922 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 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23922, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 23922 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 23922, VA

How long does it take to sell a home in 23922, VA?

Average Sale Time

Oct 2024Nov 2024CHANGE
63 Days52 Days-17.9%

Summary: Homes in 23922 had an average of 52 days on market in Nov 2024, down by 17.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23922 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 23922; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 23922, VA

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