Is 22973, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 22973 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 22973 has remained a Buyer's Market.

Key Takeaway

22973 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 22973, VA cost?

Median Sold Price

$455,900

$165/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$163,900(+56.1%)

Key Takeaway

Homes in 22973 have sold for 56.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 $255K-
N/A
2 --
N/A
3 $329K-
N/A
4 -$455.9K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

22973
+56.1%
22968
+2.0%

How many homes are available in 22973, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1617+6.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 10
-100.0%
2 00
0.0%
3 79
+28.6%
4 33
0.0%
5+ 55
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 22973, 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%
4 Days40 Days+900.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 22973 has remained consistent over time.

About 22973, VA

Number of homes for sale in 22973, VA real estate market have reached 17. The number of listings in 22973, VA increased by 6.3% between November 2021 and December 2021. The median list price of listings available in December 2021 was $455,900, while the average time on the real estate market was 40 days. This housing market listing prices have changed between December 2020 and December 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory increased by 28.6%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes did not move. While more than 0 listings in 22973, VA in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.