Is 22150, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 22150 has remained a Seller's Market.
Housing Prices in 22150, VA
How much do homes in 22150, VA cost?
Median Sold Price
$639,900
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 22150 was $639,900 in February 2024, up 3.4% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $230K | N/A |
2 Bedrooms | $515K | $488.7K | -5.1% |
3 Bedrooms | $591.5K | $580K | -1.9% |
4 Bedrooms | $640K | $645K | +0.8% |
5+ Bedrooms | $720.2K | $889.7K | +23.5% |
Summary: 22150 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 5.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 23.5%.
Housing Supply in 22150, VA
How many homes are available in 22150, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
46 | 52 | +13.0% |
Summary: The 22150 real estate market had 52 homes for sale in February 2024, a 13.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The 22150 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 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 22150 in February 2024, up by 12.5% month-over-month. Of the 9 sold homes, 11% were sold under asking, 0% were sold at asking, and 89% were sold over asking.
Days on Market for 22150, VA
How long does it take to sell a home in 22150, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
67 Days | 32 Days | -51.1% |
Summary: Homes in 22150 had an average of 32 days on market in Feb 2024, down by 51.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in 22150; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.