Is 22152, 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, 22152 was a Seller's Market.
Key Takeaway
22152 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 22152, VA
How much do homes in 22152, VA cost?
Median Sold Price
$663,750
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 22152 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 22152 was $663,750 in March 2024, up 7.1% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $245K | +8.9% |
| 2 Bedrooms | $327.5K | $355K | +8.4% |
| 3 Bedrooms | $565K | $600K | +6.2% |
| 4 Bedrooms | $699.9K | $740K | +5.7% |
| 5+ Bedrooms | $830K | $899.9K | +8.4% |
Summary: 22152 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8.4%.
Housing Supply in 22152, VA
How many homes are available in 22152, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 103 | +43.1% |
Summary: The 22152 real estate market had 103 homes for sale in March 2024, a 43.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 12 | 18 | +50.0% |
| 3 Bedrooms | 23 | 32 | +39.1% |
| 4 Bedrooms | 21 | 31 | +47.6% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The 22152 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22152, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 22152 in March 2024, up by 23.1% month-over-month. Of the 16 sold homes, 6% were sold under asking, 25% were sold at asking, and 69% were sold over asking.
Days on Market for 22152, VA
How long does it take to sell a home in 22152, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 4 Days | -43.9% |
Summary: Homes in 22152 had an average of 4 days on market in Mar 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22152 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in 22152; 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.
