Is 22213, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22213 is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, 22213 has remained a Buyer's Market.

Key Takeaway

22213 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 22213, VA

How much do homes in 22213, VA cost?

Median Sold Price

$1,014,000

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$159,000(+18.6%)

Key Takeaway

Homes in 22213 have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in 22213 was $1,014,000 in April 2024, up 18.6% from last year, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $433.5K-
N/A
2 $499.9K$589K
+17.8%
3 $749.8K$1.0M
+34.0%
4 $1.1M$1.2M
+17.7%
5+ $1.9M$1.8M
-5.9%

Summary: 22213 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Zip Codes

22213
+18.6%
22205
+12.6%
22043
+11.5%
22046
+8.6%
22207
+1.9%

Housing Supply in 22213, VA

How many homes are available in 22213, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1115+36.4%

Summary: The 22213 real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 43
-25.0%
4 11
0.0%
5+ 59
+80.0%

Summary: The 22213 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22213, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 22213 in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 22213, VA

How long does it take to sell a home in 22213, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
146 Days4 Days-96.9%

Summary: Homes in 22213 had an average of 4 days on market in Apr 2024, down by 96.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22213 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 22213; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in 22213, VA

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