Is 22560, 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, 22560 was a Neutral Market.
Housing Prices in 22560, VA
How much do homes in 22560, VA cost?
Median Sold Price
$281,250
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22560 was $281,250 in March 2024, up 10.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $291K | $132.9K | -54.3% |
2 Bedrooms | $170.1K | $158.8K | -6.6% |
3 Bedrooms | $252K | $280K | +11.1% |
4 Bedrooms | $379K | $400K | +5.5% |
5+ Bedrooms | $600K | $194.5K | -67.6% |
Summary: 22560 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.3%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 67.6%.
Median Sold Price Compared To Nearby Zip Codes
22454 | $250K | $299.9K | +20.0% |
22560 | $254.9K | $281.2K | +10.3% |
Housing Supply in 22560, VA
How many homes are available in 22560, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 51 | +15.9% |
Summary: The 22560 real estate market had 51 homes for sale in March 2024, a 15.9% 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 | 4 | 7 | +75.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 22560 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 increased by 75%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 22560 in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 75% were sold at asking, and 25% were sold over asking.
Days on Market for 22560, VA
How long does it take to sell a home in 22560, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 35 Days | -46.3% |
Summary: Homes in 22560 had an average of 35 days on market in Mar 2024, down by 46.3% compared to last year.
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
Summary: During March 2024, 4 homes were sold in 22560; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.