Is 22151, 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, 22151 was a Seller's Market.
Housing Prices in 22151, VA
How much do homes in 22151, VA cost?
Median Sold Price
$650,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22151 was $650,000 in March 2024, up 1.8% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $528.5K | $750K | +41.9% |
3 Bedrooms | $577.5K | $590K | +2.2% |
4 Bedrooms | $649.9K | $676K | +4.0% |
5+ Bedrooms | $710K | $760.7K | +7.1% |
Summary: 22151 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 22151, VA
How many homes are available in 22151, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 55 | +7.8% |
Summary: The 22151 real estate market had 55 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 26 | 24 | -7.7% |
Summary: The 22151 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 22151 in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 22151, VA
How long does it take to sell a home in 22151, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 4 Days | -74.8% |
Summary: Homes in 22151 had an average of 4 days on market in Mar 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 22151; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.