Is 22303, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, 22303 was a Seller's Market.
Key Takeaway
22303 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in 22303, VA cost?
Median Sold Price
$472,900
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
-$25,600(-5.1%)
Key Takeaway
Homes in 22303 have sold for 5.1% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $282.5K | $299.9K | +6.2% |
| 2 Bedrooms | $465K | $437K | -6.0% |
| 3 Bedrooms | $585K | $589K | +0.7% |
| 4 Bedrooms | $615K | $690.7K | +12.3% |
| 5+ Bedrooms | $610K | $859.7K | +40.9% |
How many homes are available in 22303, VA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 61 | 55 | -9.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 14 | 14 | 0.0% |
| 2 Bedrooms | 21 | 17 | -19.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22303, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 17 Days | 41 Days | +144.4% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22303 are selling fast, if you're buying plan to act quickly.
