Is 22025, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22025 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 22025 has remained a Seller's Market.

Key Takeaway

22025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22025, VA

How much do homes in 22025, VA cost?

Median Sold Price

$550,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$12,500(+2.3%)

Key Takeaway

Homes in 22025 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 22025 was $550,000 in February 2024, up 2.3% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $465K$375K
-19.4%
3 $440K$461.5K
+4.9%
4 $582.5K$624K
+7.1%
5+ $631K$697.5K
+10.5%

Summary: 22025 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

22193
+5.5%
22172
+4.9%
22191
+4.8%
22025
+2.3%
22026
+1.5%

Housing Supply in 22025, VA

How many homes are available in 22025, VA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7983+5.1%

Summary: The 22025 real estate market had 83 homes for sale in February 2024, a 5.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2727
0.0%
4 2727
0.0%
5+ 1924
+26.3%

Summary: The 22025 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 26.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22025, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in 22025 in February 2024, up by 17.6% month-over-month. Of the 20 sold homes, 30% were sold under asking, 45% were sold at asking, and 25% were sold over asking.

Days on Market for 22025, VA

How long does it take to sell a home in 22025, VA?

Average Sale Time

Feb 2023Feb 2024CHANGE
45 Days30 Days-32.3%

Summary: Homes in 22025 had an average of 30 days on market in Feb 2024, down by 32.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22025 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 20 homes were sold in 22025; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 27 Days Ago

Newest Listings in 22025, VA

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