Is 22968, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 22968 has remained a Buyer's Market.
Housing Prices in 22968, VA
How much do homes in 22968, VA cost?
Median Sold Price
$308,000
$194/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in 22968 was $308,000 in February 2024, down 28.4% from last month, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $447.2K | - | N/A |
3 Bedrooms | $315K | $288.5K | -8.4% |
4 Bedrooms | - | $509.5K | N/A |
5+ Bedrooms | $457K | - | N/A |
Summary: 22968 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
22936 | $444.5K | $1.1M | +152.3% |
22968 | $429.9K | $308K | -28.4% |
Housing Supply in 22968, VA
How many homes are available in 22968, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
55 | 66 | +20.0% |
Summary: The 22968 real estate market had 66 homes for sale in February 2024, a 20.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 13 | 18 | +38.5% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 22968 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 22968 in February 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 22968, VA
How long does it take to sell a home in 22968, VA?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
70 Days | 28 Days | -59.3% |
Summary: Homes in 22968 had an average of 28 days on market in Feb 2024, down by 59.3% compared to last month.
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
Summary: During February 2024, 5 homes were sold in 22968; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.