$574,000
164.43 Acres
Land
Brooke Terrell, Listing Office: Century 21 Realty @ Home
Is 23936, 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, 23936 has remained a Seller's Market.
Key Takeaway
23936 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23936, VA
How much do homes in 23936, VA cost?
Median Sold Price
$297,475
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,475(-3.4%)
Key Takeaway
Homes in 23936 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 23936 was $297,475 in November 2024, down 3.4% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $92K | -24.9% |
| 2 Bedrooms | $231K | $210K | -9.1% |
| 3 Bedrooms | $299.9K | $280K | -6.6% |
| 4 Bedrooms | $342.5K | $375K | +9.5% |
| 5+ Bedrooms | $346K | $338.7K | -2.1% |
Summary: 23936 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Zip Codes
| 23040 | $290K | $302.2K | +4.2% |
| 23936 | $307.9K | $297.4K | -3.4% |
Housing Supply in 23936, VA
How many homes are available in 23936, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The 23936 real estate market had 31 homes for sale in November 2024, a 6.9% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 23936 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 increased by 200%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23936, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 23936 in November 2024, up by 150.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 23936, VA
How long does it take to sell a home in 23936, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 39 Days | +177.1% |
Summary: Homes in 23936 had an average of 39 days on market in Nov 2024, up by 177.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23936 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 23936; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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