Is 22630, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 22630 was a Neutral Market.
Housing Prices in 22630, VA
How much do homes in 22630, VA cost?
Median Sold Price
$359,900
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 22630 was $359,900 in February 2024, up 9.4% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.5K | $182.5K | +31.8% |
2 Bedrooms | $240K | $260K | +8.3% |
3 Bedrooms | $345K | $359.9K | +4.3% |
4 Bedrooms | $365.5K | $423K | +15.7% |
5+ Bedrooms | $435K | $417K | -4.1% |
Summary: 22630 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 22630, VA
How many homes are available in 22630, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
199 | 222 | +11.6% |
Summary: The 22630 real estate market had 222 homes for sale in February 2024, a 11.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 22 | 26 | +18.2% |
3 Bedrooms | 110 | 113 | +2.7% |
4 Bedrooms | 51 | 65 | +27.5% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 22630 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 22630 in February 2024, up by 8.7% month-over-month. Of the 25 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% were sold over asking.
Days on Market for 22630, VA
How long does it take to sell a home in 22630, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
36 Days | 56 Days | +55.4% |
Summary: Homes in 22630 had an average of 56 days on market in Feb 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 25 homes were sold in 22630; 40% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.