Is 22172, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, 22172 has remained a Seller's Market.
Key Takeaway
22172 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in 22172, VA cost?
Median Sold Price
$515,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$2,000(+0.4%)
Key Takeaway
The sold price of homes in 22172 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $180K | -28.0% |
| 3 Bedrooms | $362.5K | $377.5K | +4.1% |
| 4 Bedrooms | $532K | $560K | +5.3% |
| 5+ Bedrooms | $667.5K | $620K | -7.1% |
How many homes are available in 22172, VA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 54 | 58 | +7.4% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22172, you could pay more than the asking price. 50% of homes here sold above asking price last month.
How long does it take to sell a home in 22172, VA?
How long does it take to sell a home in 22172, VA?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 5 Days | 6 Days | +13.8% |
Breakdown of Home Sale Times
12 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 22172 are selling fast, if you're buying plan to act quickly.
