Is 22482, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22482 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 22482 has remained a Seller's Market.

Key Takeaway

22482 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 22482, VA cost?

Median Sold Price

$295,500

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,000(+15.7%)

Key Takeaway

Homes in 22482 have sold for 15.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 -$77K
N/A
2 $149.9K$176.2K
+17.6%
3 $220.4K$344.9K
+56.4%
4 $662.5K$429.7K
-35.1%
5+ $857K$1.3M
+58.7%

Median Sold Price Compared To Nearby Zip Codes

22482
+15.7%
22578
+1.3%
22503
-0.1%

How many homes are available in 22482, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1711-35.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 21
-50.0%
3 76
-14.3%
4 52
-60.0%
5+ 32
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22482, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
75 Days49 Days-34.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22482 are selling fast, if you're buying plan to act quickly.

About 22482, VA

Number of homes for sale in 22482, VA real estate market have reached 11. The number of homes for sale in 22482, VA decreased by 35.3% between November 2021 and December 2021. While the average time on the market in December 2021 was 49 days, the median list price was $295,500. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 17.6%, the cost of 3 bedrooms properties went up by 56.4%, prices of 4 bedrooms properties decreased by 35.1%, 5 bedrooms properties became 58.7% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 50%, 3 bedrooms homes inventory decreased by 14.3%, 4 bedrooms homes became 60% less available, 5 bedrooms homes inventory decreased by 33.3%. 22482, VA housing market in December 2021 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.