Is 22655, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 22655 has remained a Seller's Market.
Housing Prices in 22655, VA
How much do homes in 22655, VA cost?
Median Sold Price
$400,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22655 was $400,000 in March 2024, up 0.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $214.2K | $230K | +7.4% |
3 Bedrooms | $346.4K | $376K | +8.5% |
4 Bedrooms | $459.9K | $455K | -1.1% |
5+ Bedrooms | $497K | $509.3K | +2.5% |
Summary: 22655 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 22655, VA
How many homes are available in 22655, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 154 | +4.8% |
Summary: The 22655 real estate market had 154 homes for sale in March 2024, a 4.8% 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 | 22 | 23 | +4.5% |
3 Bedrooms | 56 | 60 | +7.1% |
4 Bedrooms | 43 | 46 | +7.0% |
5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The 22655 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 4.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 31 | +34.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 22655 in March 2024, up by 34.8% month-over-month. Of the 31 sold homes, 42% were sold under asking, 35% were sold at asking, and 23% were sold over asking.
Days on Market for 22655, VA
How long does it take to sell a home in 22655, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 33 Days | +184.8% |
Summary: Homes in 22655 had an average of 33 days on market in Mar 2024, up by 184.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in 22655; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.