Is 23936, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23936 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 23936 was a Seller's Market.

Key Takeaway

23936 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 23936, VA

How much do homes in 23936, VA cost?

Median Sold Price

$299,950

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50(0.0%)

Key Takeaway

The sold price of homes in 23936 has remained the same since last year.

Summary: The median home sold price in 23936 was $299,950 in October 2024, the same as last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$83.5K
-50.9%
2 $231K-
N/A
3 $299.9K$299.9K
0.0%
4 $270.7K$359.5K
+32.8%
5+ $346K$338.7K
-2.1%

Summary: 23936 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.9%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

23040
+3.4%
23936
0.0%

Housing Supply in 23936, VA

How many homes are available in 23936, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2329+26.1%

Summary: The 23936 real estate market had 29 homes for sale in October 2024, a 26.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1420
+42.9%
4 77
0.0%
5+ 11
0.0%

Summary: The 23936 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 remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23936, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 23936 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
89 Days8 Days-90.4%

Summary: Homes in 23936 had an average of 8 days on market in Oct 2024, down by 90.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23936 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 23936; 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.

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

Report Updated 14 Days Ago

Newest Listings in 23936, VA

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