$2,909 Closing Credit*
$245,000
1,451 SqFt
3 Beds
•2 Full Baths
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 Last Month
Last month, 23927 was a Neutral 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
$427,650
$328/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$23,600(-5.2%)
Key Takeaway
Homes in 23927 have sold for 5.2% less than they did a month ago.
Summary: The median home sold price in 23927 was $427,650 in October 2024, down 5.2% from last month, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $427.6K | N/A |
| 3 Bedrooms | $451.2K | $522K | +15.7% |
| 4 Bedrooms | - | $312.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 23927 housing prices by bedroom type for October 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 increased by 15.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 23917 | $340K | $562.5K | +65.4% |
| 23927 | $451.2K | $427.6K | -5.2% |
Housing Supply in 23927, VA
How many homes are available in 23927, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The 23927 real estate market had 13 homes for sale in October 2024, a 18.2% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23927 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23927, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 23927 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 Days | 51 Days | -51.8% |
Summary: Homes in 23927 had an average of 51 days on market in Oct 2024, down by 51.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23927 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 23927; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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