Is 22560, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22560 is a buyer's market

Buyer's
Market

Difference Since December 2020

Since last year, 22560 has remained a Buyer's Market.

Key Takeaway

22560 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 22560, VA cost?

Median Sold Price

$235,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$43,775(+22.9%)

Key Takeaway

Homes in 22560 have sold for 22.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $104K-
N/A
2 $178.7K$154.9K
-13.3%
3 $186.5K$234K
+25.5%
4 $248K$315K
+27.0%
5+ -$206K
N/A

How many homes are available in 22560, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3136+16.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 44
0.0%
3 2026
+30.0%
4 65
-16.7%
5+ 11
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22560, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
37 Days5 Days-84.5%

Breakdown of Home Sale Times

4 Homes Were 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 22560 are selling fast, if you're buying plan to act quickly.

About 22560, VA

Homes for sale in 22560, VA have reached 36. Between November 2021 and December 2021, 22560, VA real estate market has seen increase in the number of listings by 16.1%. The median list price of listings available in December 2021 was $235,000, while the average time on the real estate market was 5 days. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 13.3% more cheaper, 3 bedrooms properties prices increased by 25.5%, prices of 4 bedrooms properties increased by 27%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 30% more available, number of 4 bedrooms homes decreased by 16.7%, number of 5 bedrooms homes remained the same. Over 3 listings were sold over their listed price in December 2021 in 22560, VA. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.