Is 22180, 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, 22180 has remained a Buyer's Market.
Housing Prices in 22180, VA
How much do homes in 22180, VA cost?
Median Sold Price
$1,000,000
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22180 was $1,000,000 in March 2024, up 5.3% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.5K | $315K | +4.1% |
2 Bedrooms | $447.5K | $395K | -11.7% |
3 Bedrooms | $760K | $850K | +11.8% |
4 Bedrooms | $900K | $943K | +4.8% |
5+ Bedrooms | $1.7M | $1.8M | +2.5% |
Summary: 22180 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 22180, VA
How many homes are available in 22180, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
176 | 172 | -2.3% |
Summary: The 22180 real estate market had 172 homes for sale in March 2024, a 2.3% decrease 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 | 7 | 5 | -28.6% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 120 | 120 | 0.0% |
Summary: The 22180 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 28.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 12 | -47.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 22180 in March 2024, down by 47.8% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for 22180, VA
How long does it take to sell a home in 22180, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 7 Days | -80.6% |
Summary: Homes in 22180 had an average of 7 days on market in Mar 2024, down by 80.6% compared to last year.
Breakdown of Home Sale Times
11 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, 12 homes were sold in 22180; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.