Is 22576, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22576 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 22576 was a Buyer's Market.

Key Takeaway

22576 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 22576, VA cost?

Median Sold Price

$899,000

$311/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$324,000(+56.3%)

Key Takeaway

Homes in 22576 have sold for 56.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 -$84.7K
N/A
2 --
N/A
3 -$899K
N/A
4 $575K$1.4M
+156.5%
5+ --
N/A

How many homes are available in 22576, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1819+5.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 11
0.0%
3 78
+14.3%
4 76
-14.3%
5+ 23
+50.0%

Number of Homes Sold

Nov 2021Dec 2021%
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22576, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
107 Days19 Days-81.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22576 are selling fast, if you're buying plan to act quickly.

About 22576, VA

Number of homes for sale in 22576, VA real estate market have reached 19. The number of homes for sale in 22576, VA increased by 5.6% between November 2021 and December 2021. In December 2021 median list price was $899,000 and the average listing age was 19 days. From December 2020 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 0% more expensive, prices of 4 bedrooms properties went up by 156.5%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went up by 14.3%, number of 4 bedrooms homes decreased by 14.3%, 5 bedrooms homes inventory increased by 50%. In December 2021, from all listings sold in 22576, VA there were more than 2 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.