$2,672 Closing Credit*
$225,000
1,560 SqFt
4 Beds
•2 Full Baths
David Coy, Listing Office: Red Cedar Real Estate LLC
Is 23923, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 23923 has remained a Seller's Market.
Key Takeaway
23923 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23923, VA
How much do homes in 23923, VA cost?
Median Sold Price
$171,250
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$328,650(-65.7%)
Key Takeaway
Homes in 23923 have sold for 65.7% less than they did a year ago.
Summary: The median home sold price in 23923 was $171,250 in December 2024, down 65.7% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $55K | N/A |
| 3 Bedrooms | $510.4K | $171.2K | -66.4% |
| 4 Bedrooms | $429.9K | $446K | +3.7% |
| 5+ Bedrooms | $399K | - | N/A |
Summary: 23923 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 did not change, 3 bedroom homes decreased by 66.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 23947 | $184.9K | $255K | +37.9% |
| 23923 | $499.9K | $171.2K | -65.7% |
Housing Supply in 23923, VA
How many homes are available in 23923, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Summary: The 23923 real estate market had 4 homes for sale in December 2024, a 50.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23923 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 decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23923, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 23923 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 23923, VA
How long does it take to sell a home in 23923, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 5 Days | -89.8% |
Summary: Homes in 23923 had an average of 5 days on market in Dec 2024, down by 89.8% 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 23923 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in 23923; 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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