$37,500
0.71 Acres
Land
Karin Kuhn, Listing Office: POINTE REALTY GROUP LLC
Is 23927, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 23927 has remained a Seller's Market.
Key Takeaway
23927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23927, VA
How much do homes in 23927, VA cost?
Median Sold Price
$454,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$116,500(+34.5%)
Key Takeaway
Homes in 23927 have sold for 34.5% more than they did a year ago.
Summary: The median home sold price in 23927 was $454,000 in November 2024, up 34.5% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $454K | +41.9% |
| 3 Bedrooms | $400K | $471.2K | +17.8% |
| 4 Bedrooms | $286K | $306.2K | +7.1% |
| 5+ Bedrooms | $595K | - | N/A |
Summary: 23927 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.
Housing Supply in 23927, VA
How many homes are available in 23927, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Summary: The 23927 real estate market had 8 homes for sale in November 2024, a 42.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23927 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 decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23927, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 23927 in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 23927, VA
How long does it take to sell a home in 23927, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 76 Days | +109.6% |
Summary: Homes in 23927 had an average of 76 days on market in Nov 2024, up by 109.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 23927 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 23927; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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