Is 22556, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 22556 has remained a Seller's Market.
Housing Prices in 22556, VA
How much do homes in 22556, VA cost?
Median Sold Price
$500,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 22556 was $500,000 in April 2024, up 4.2% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $247.5K | +12.5% |
3 Bedrooms | $399.9K | $425K | +6.3% |
4 Bedrooms | $515K | $530K | +2.9% |
5+ Bedrooms | $665K | $630K | -5.3% |
Summary: 22556 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 22556, VA
How many homes are available in 22556, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 96 | +45.5% |
Summary: The 22556 real estate market had 96 homes for sale in April 2024, a 45.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 17 | 32 | +88.2% |
5+ Bedrooms | 25 | 34 | +36.0% |
Summary: The 22556 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 25%, 4 bedroom homes increased by 88.2%, and 5+ bedroom homes increased by 36%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 27 | +68.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 22556 in April 2024, up by 68.8% month-over-month. Of the 27 sold homes, 19% were sold under asking, 41% were sold at asking, and 41% were sold over asking.
Days on Market for 22556, VA
How long does it take to sell a home in 22556, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 14 Days | -19.0% |
Summary: Homes in 22556 had an average of 14 days on market in Apr 2024, down by 19% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 22556; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.