Is 22553, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 22553 was a Neutral Market.
Housing Prices in 22553, VA
How much do homes in 22553, VA cost?
Median Sold Price
$485,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22553 was $485,000 in March 2024, up 7.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $303.4K | $190K | -37.4% |
3 Bedrooms | $365K | $380K | +4.1% |
4 Bedrooms | $505K | $504.7K | 0% |
5+ Bedrooms | $694.9K | $630K | -9.3% |
Summary: 22553 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.3%.
Housing Supply in 22553, VA
How many homes are available in 22553, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 89 | +21.9% |
Summary: The 22553 real estate market had 89 homes for sale in March 2024, a 21.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 27 | +80.0% |
4 Bedrooms | 41 | 41 | 0.0% |
5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The 22553 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 19 | +137.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 22553 in March 2024, up by 137.5% month-over-month. Of the 19 sold homes, 21% were sold under asking, 37% were sold at asking, and 42% were sold over asking.
Days on Market for 22553, VA
How long does it take to sell a home in 22553, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
13 Days | 21 Days | +59.1% |
Summary: Homes in 22553 had an average of 21 days on market in Mar 2024, up by 59.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 22553; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.