Is 22514, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22514 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 22514 has remained a Buyer's Market.

Key Takeaway

22514 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 22514, VA cost?

Median Sold Price

$155,000

$179/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$45,000(-22.5%)

Key Takeaway

Homes in 22514 have sold for 22.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$155K
N/A
3 $200K-
N/A
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

22427
+44.1%
22514
-22.5%

How many homes are available in 22514, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1512-20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 54
-20.0%
5+ 33
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

Asking Price vs. Sold Price

0 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 22514, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
10 Days7 Days-33.3%

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 22514 are selling fast, if you're buying plan to act quickly.

About 22514, VA

Homes for sale in 22514, VA have reached 12. Between November 2021 and December 2021, 22514, VA real estate market has seen decrease in the number of listings by 20%. In December 2021, listings were on the market for 7 days. During the same period, the median list price in this real estate market was $155,000. Real estate listing prices changed between December 2020 and December 2021: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went down by 33.3%, the quantity of 4 bedrooms homes went down by 20%, number of 5 bedrooms homes remained the same. While more than 1 listings in 22514, VA in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.