Is 22041, 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, 22041 was a Neutral Market.
Housing Prices in 22041, VA
How much do homes in 22041, VA cost?
Median Sold Price
$382,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22041 was $382,000 in March 2024, up 9.3% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236.2K | $260K | +10.1% |
2 Bedrooms | $330K | $337K | +2.1% |
3 Bedrooms | $451K | $625K | +38.6% |
4 Bedrooms | $784.5K | $865K | +10.3% |
5+ Bedrooms | $1.1M | $1.0M | -10.9% |
Summary: 22041 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 38.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 10.9%.
Housing Supply in 22041, VA
How many homes are available in 22041, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 83 | 0.0% |
Summary: The 22041 real estate market had 83 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 12 | 0.0% |
2 Bedrooms | 35 | 37 | +5.7% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 22041 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 9 | -43.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 22041 in March 2024, down by 43.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for 22041, VA
How long does it take to sell a home in 22041, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 28 Days | -25.7% |
Summary: Homes in 22041 had an average of 28 days on market in Mar 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 22041; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.