Is 22309, 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, 22309 was a Seller's Market.
Housing Prices in 22309, VA
How much do homes in 22309, VA cost?
Median Sold Price
$553,500
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22309 was $553,500 in March 2024, up 4.2% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $206K | +3.0% |
2 Bedrooms | $233.2K | $266.5K | +14.3% |
3 Bedrooms | $420K | $485K | +15.5% |
4 Bedrooms | $687K | $735K | +7.0% |
5+ Bedrooms | $877.5K | $888.5K | +1.3% |
Summary: 22309 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in 22309, VA
How many homes are available in 22309, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
134 | 141 | +5.2% |
Summary: The 22309 real estate market had 141 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 21 | 19 | -9.5% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 42 | 37 | -11.9% |
5+ Bedrooms | 32 | 45 | +40.6% |
Summary: The 22309 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 40.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 20 | -13.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 22309 in March 2024, down by 13.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for 22309, VA
How long does it take to sell a home in 22309, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 18 Days | +10.5% |
Summary: Homes in 22309 had an average of 18 days on market in Mar 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 22309; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.