Is 22030, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 22030 was a Buyer's Market.
Key Takeaway
22030 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 22030, VA
How much do homes in 22030, VA cost?
Median Sold Price
$750,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 22030 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 22030 was $750,000 in March 2024, up 8.7% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277K | $300K | +8.3% |
| 2 Bedrooms | $395K | $450K | +13.9% |
| 3 Bedrooms | $640K | $704.7K | +10.1% |
| 4 Bedrooms | $752K | $835K | +11.0% |
| 5+ Bedrooms | $1.1M | $1.1M | +4.7% |
Summary: 22030 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 4.7%.
Housing Supply in 22030, VA
How many homes are available in 22030, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 153 | 181 | +18.3% |
Summary: The 22030 real estate market had 181 homes for sale in March 2024, a 18.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 55 | 59 | +7.3% |
| 4 Bedrooms | 47 | 53 | +12.8% |
| 5+ Bedrooms | 32 | 41 | +28.1% |
Summary: The 22030 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 28.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22030, you could pay more than the asking price. 65.4% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in 22030 in March 2024, up by 36.8% month-over-month. Of the 26 sold homes, 19% were sold under asking, 15% were sold at asking, and 65% were sold over asking.
Days on Market for 22030, VA
How long does it take to sell a home in 22030, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 7 Days | 7 Days | -2.6% |
Summary: Homes in 22030 had an average of 7 days on market in Mar 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22030 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 26 homes were sold in 22030; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
