Is 22960, 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, 22960 was a Buyer's Market.
Housing Prices in 22960, VA
How much do homes in 22960, VA cost?
Median Sold Price
$347,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 22960 was $347,000 in March 2024, up 14.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $142.5K | N/A |
2 Bedrooms | $210K | $225K | +7.1% |
3 Bedrooms | $275K | $337.5K | +22.7% |
4 Bedrooms | $414.8K | $400K | -3.6% |
5+ Bedrooms | $419.9K | $565K | +34.6% |
Summary: 22960 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 7.1%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 34.6%.
Housing Supply in 22960, VA
How many homes are available in 22960, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 62 | -3.1% |
Summary: The 22960 real estate market had 62 homes for sale in March 2024, a 3.1% decrease 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 | 4 | 6 | +50.0% |
3 Bedrooms | 31 | 25 | -19.4% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 22960 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 50%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 18 | +157.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 22960 in March 2024, up by 157.1% month-over-month. Of the 18 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for 22960, VA
How long does it take to sell a home in 22960, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 27 Days | -45.7% |
Summary: Homes in 22960 had an average of 27 days on market in Mar 2024, down by 45.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in 22960; 39% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.