Is 22539, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22539 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 22539 has remained a Seller's Market.

Key Takeaway

22539 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 22539, VA

How much do homes in 22539, VA cost?

Median Sold Price

$544,750

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$72,250(+15.3%)

Key Takeaway

Homes in 22539 have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in 22539 was $544,750 in April 2024, up 15.3% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $35K$205K
+485.7%
2 $245K$281.5K
+14.9%
3 $507K$547.5K
+8.0%
4 $420K$935K
+122.6%
5+ $897.5K$697.5K
-22.3%

Summary: 22539 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 485.7%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 122.6%, and 5+ bedroom homes decreased by 22.3%.

Median Sold Price Compared To Nearby Zip Codes

22539
+15.3%
22473
+10.1%

Housing Supply in 22539, VA

How many homes are available in 22539, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2940+37.9%

Summary: The 22539 real estate market had 40 homes for sale in April 2024, a 37.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1623
+43.8%
4 910
+11.1%
5+ 02
+100.0%

Summary: The 22539 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 increased by 25%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
210+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22539, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in 22539 in April 2024, up by 400.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.

Days on Market for 22539, VA

How long does it take to sell a home in 22539, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days69 Days+5.0%

Summary: Homes in 22539 had an average of 69 days on market in Apr 2024, up by 5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22539 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in 22539; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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 6 Days Ago

Newest Listings in 22539, VA

Nearby Markets to 22539, VA