Is 22835, 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, 22835 was a Neutral Market.
Housing Prices in 22835, VA
How much do homes in 22835, VA cost?
Median Sold Price
$270,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22835 was $270,000 in March 2024, down 7.8% 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 | $228K | $184.9K | -18.9% |
2 Bedrooms | $195K | $220K | +12.8% |
3 Bedrooms | $300K | $270K | -10.0% |
4 Bedrooms | $300K | $355K | +18.3% |
5+ Bedrooms | $435K | $679.9K | +56.3% |
Summary: 22835 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 56.3%.
Median Sold Price Compared To Nearby Zip Codes
22851 | $270K | $292.9K | +8.5% |
22835 | $292.7K | $270K | -7.8% |
Housing Supply in 22835, VA
How many homes are available in 22835, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 77 | +8.5% |
Summary: The 22835 real estate market had 77 homes for sale in March 2024, a 8.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 42 | 44 | +4.8% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 22835 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 22835 in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 22835, VA
How long does it take to sell a home in 22835, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
104 Days | 40 Days | -61.4% |
Summary: Homes in 22835 had an average of 40 days on market in Mar 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 22835; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.