Is 23009, 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, 23009 was a Seller's Market.
Key Takeaway
23009 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 23009, VA
How much do homes in 23009, VA cost?
Median Sold Price
$350,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 23009 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 23009 was $350,000 in March 2024, up 9.4% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $273K | $306K | +12.1% |
| 3 Bedrooms | $310K | $351.2K | +13.3% |
| 4 Bedrooms | $375K | $387.1K | +3.2% |
| 5+ Bedrooms | $395K | $492.5K | +24.7% |
Summary: 23009 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 12.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 24.7%.
Housing Supply in 23009, VA
How many homes are available in 23009, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 | 104 | +5.1% |
Summary: The 23009 real estate market had 104 homes for sale in March 2024, a 5.1% increase 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 | 11 | 11 | 0.0% |
| 3 Bedrooms | 40 | 46 | +15.0% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The 23009 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 remained the same, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23009, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 23009 in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.
Days on Market for 23009, VA
How long does it take to sell a home in 23009, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 39 Days | -5.1% |
Summary: Homes in 23009 had an average of 39 days on market in Mar 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23009 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 23009; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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