Is 23960, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23960 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 23960 was a Neutral Market.

Key Takeaway

23960 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23960, VA

How much do homes in 23960, VA cost?

Median Sold Price

$215,000

$119/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$33,000(+18.1%)

Key Takeaway

Homes in 23960 have sold for 18.1% more than they did a month ago.

Summary: The median home sold price in 23960 was $215,000 in December 2024, up 18.1% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $182K$215K
+18.1%
4 --
N/A
5+ --
N/A

Summary: 23960 housing prices by bedroom type for December 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 18.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 23960, VA

How many homes are available in 23960, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
65-16.7%

Summary: The 23960 real estate market had 5 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The 23960 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

If you're buying a home in 23960, 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 23960 in December 2024, the same as the previous 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 23960, VA

How long does it take to sell a home in 23960, VA?

Average Sale Time

Nov 2024Dec 2024CHANGE
4 Days140 Days+3400.0%

Summary: Homes in 23960 had an average of 140 days on market in Dec 2024, up by 3400% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times100%

Key Takeaway

Most homes in 23960 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in 23960; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 10 Days Ago

Newest Listings in 23960, VA

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