Is 22473, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22473 is a buyer's market

Buyer's
Market

Difference Since December 2020

At the same time last year, 22473 was a Seller's Market.

Key Takeaway

22473 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 22473, VA cost?

Median Sold Price

$499,450

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$130,450(+35.4%)

Key Takeaway

Homes in 22473 have sold for 35.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $299K-
N/A
2 $293K$385.2K
+31.5%
3 $345K$499.4K
+44.8%
4 $565K$477.5K
-15.5%
5+ $747K$522.5K
-30.1%

Median Sold Price Compared To Nearby Zip Codes

22473
+35.4%
22503
-0.1%

How many homes are available in 22473, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3943+10.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 35
+66.7%
3 2018
-10.0%
4 1012
+20.0%
5+ 68
+33.3%

Number of Homes Sold

Nov 2021Dec 2021%
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22473, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
47 Days32 Days-31.4%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22473 are selling fast, if you're buying plan to act quickly.

About 22473, VA

There are 43 homes are for sale in 22473, VA real estate market. Between November 2021 and December 2021, 22473, VA real estate market has seen increase in the number of listings by 10.3%. While the average time on the market in December 2021 was 32 days, the median list price was $499,450. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 31.5% more expensive, prices of 3 bedrooms properties went up by 44.8%, prices of 4 bedrooms properties decreased by 15.5%, prices of 5 bedrooms properties decreased by 30.1%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 66.7%, volume of 3 bedrooms homes went down by 10%, number of 4 bedrooms homes increased by 20%, number of 5 bedrooms homes increased by 33.3%. In December 2021, from all listings sold in 22473, VA there were more than 0 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price.