Is 22315, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 22315 has remained a Seller's Market.
Housing Prices in 22315, VA
How much do homes in 22315, VA cost?
Median Sold Price
$635,062
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 22315 was $635,062 in April 2024, up 4.4% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $269.7K | $292.5K | +8.4% |
2 Bedrooms | $419K | $437.5K | +4.4% |
3 Bedrooms | $635K | $630K | -0.8% |
4 Bedrooms | $705.5K | $720K | +2.1% |
5+ Bedrooms | $820K | $943K | +15.0% |
Summary: 22315 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 15%.
Housing Supply in 22315, VA
How many homes are available in 22315, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 92 | +48.4% |
Summary: The 22315 real estate market had 92 homes for sale in April 2024, a 48.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 8 | 14 | +75.0% |
3 Bedrooms | 26 | 40 | +53.8% |
4 Bedrooms | 14 | 23 | +64.3% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 22315 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 22315 in April 2024, up by 29.2% month-over-month. Of the 31 sold homes, 0% were sold under asking, 6% were sold at asking, and 94% were sold over asking.
Days on Market for 22315, VA
How long does it take to sell a home in 22315, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 4 Days | -59.0% |
Summary: Homes in 22315 had an average of 4 days on market in Apr 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 22315; 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.