Is 22947, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22947 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 22947 was a Buyer's Market.

Key Takeaway

22947 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 22947, VA cost?

Median Sold Price

$680,000

$235/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$310,100(+83.8%)

Key Takeaway

Homes in 22947 have sold for 83.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $369.9K-
N/A
4 -$680K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

22947
+83.8%
22923
+33.0%
22911
+3.1%
22974
-6.2%

How many homes are available in 22947, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
2322-4.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 1213
+8.3%
5+ 54
-20.0%

Number of Homes Sold

Nov 2021Dec 2021%
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 22947, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
5 Days21 Days+332.0%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 22947 are selling fast, if you're buying plan to act quickly.

About 22947, VA

Homes for sale in 22947, VA have reached 22. The number of listings in 22947, VA decreased by 4.3% between November 2021 and December 2021. While the average time on the market in December 2021 was 21 days, the median list price was $680,000. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went down by 16.7%, 4 bedrooms homes inventory increased by 8.3%, 5 bedrooms homes became 20% less available. In December 2021 more than 0 listings in 22947, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.