Is 22301, 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, 22301 was a Seller's Market.
Housing Prices in 22301, VA
How much do homes in 22301, VA cost?
Median Sold Price
$950,000
$573/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22301 was $950,000 in March 2024, up 5.6% from last year, and the median price per square foot was $573.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | $422.5K | -4.0% |
2 Bedrooms | $750K | $833K | +11.1% |
3 Bedrooms | $900.4K | $930K | +3.3% |
4 Bedrooms | $1.2M | $1.2M | +6.6% |
5+ Bedrooms | $1.6M | $1.8M | +12.7% |
Summary: 22301 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in 22301, VA
How many homes are available in 22301, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 76 | -1.3% |
Summary: The 22301 real estate market had 76 homes for sale in March 2024, a 1.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 34 | 29 | -14.7% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 22301 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 9 | -47.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 22301 in March 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for 22301, VA
How long does it take to sell a home in 22301, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 8 Days | -50.1% |
Summary: Homes in 22301 had an average of 8 days on market in Mar 2024, down by 50.1% compared to last year.
Breakdown of Home Sale Times
8 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, 9 homes were sold in 22301; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.