Is 22153, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 22153 has remained a Seller's Market.
Housing Prices in 22153, VA
How much do homes in 22153, VA cost?
Median Sold Price
$730,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22153 was $730,000 in March 2024, up 17.7% 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 | - | - | N/A |
2 Bedrooms | $432K | $434.5K | +0.6% |
3 Bedrooms | $527.5K | $541.4K | +2.6% |
4 Bedrooms | $750K | $802.5K | +7.0% |
5+ Bedrooms | $830K | $892.2K | +7.5% |
Summary: 22153 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 0.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 7.5%.
Housing Supply in 22153, VA
How many homes are available in 22153, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 94 | +16.0% |
Summary: The 22153 real estate market had 94 homes for sale in March 2024, a 16.0% 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 | 2 | 1 | -50.0% |
3 Bedrooms | 39 | 47 | +20.5% |
4 Bedrooms | 28 | 35 | +25.0% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 22153 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 decreased by 50%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 22153 in March 2024, up by 53.3% month-over-month. Of the 23 sold homes, 4% were sold under asking, 0% were sold at asking, and 96% were sold over asking.
Days on Market for 22153, VA
How long does it take to sell a home in 22153, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 7 Days | -31.5% |
Summary: Homes in 22153 had an average of 7 days on market in Mar 2024, down by 31.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 22153; 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.