Is 22437, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22437 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 22437 has remained a Seller's Market.

Key Takeaway

22437 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22437, VA

How much do homes in 22437, VA cost?

Median Sold Price

$766,200

$342/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$457,200(+148.0%)

Key Takeaway

Homes in 22437 have sold for 148% more than they did a month ago.

Summary: The median home sold price in 22437 was $766,200 in April 2024, up 148% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$766.2K
+147.2%
4 $309K-
N/A
5+ --
N/A

Summary: 22437 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 147.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

22437
+148.0%
22454
-36.1%

Housing Supply in 22437, VA

How many homes are available in 22437, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
63-50.0%

Summary: The 22437 real estate market had 3 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The 22437 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22437, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 22437 in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 22437, VA

How long does it take to sell a home in 22437, VA?

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days14 Days+31.3%

Summary: Homes in 22437 had an average of 14 days on market in Apr 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 22437 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 22437; 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 2 Days Ago

Newest Listings in 22437, VA

Nearby Markets to 22437, VA