Is 23030, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23030 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 23030 was a Buyer's Market.

Key Takeaway

23030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23030, VA

How much do homes in 23030, VA cost?

Median Sold Price

$307,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+15.0%)

Key Takeaway

Homes in 23030 have sold for 15% more than they did a year ago.

Summary: The median home sold price in 23030 was $307,500 in April 2024, up 15% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$138K
N/A
2 $133K$192.5K
+44.7%
3 $270K$280.5K
+3.9%
4 $370K$625K
+68.9%
5+ $1.1M$800K
-27.3%

Summary: 23030 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 68.9%, and 5+ bedroom homes decreased by 27.3%.

Median Sold Price Compared To Nearby Zip Codes

23030
+15.0%
23089
+10.5%
23140
+7.5%

Housing Supply in 23030, VA

How many homes are available in 23030, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2518-28.0%

Summary: The 23030 real estate market had 18 homes for sale in April 2024, a 28.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1713
-23.5%
4 52
-60.0%
5+ 11
0.0%

Summary: The 23030 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23030, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 23030 in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 23030, VA

How long does it take to sell a home in 23030, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
2 Days16 Days+725.0%

Summary: Homes in 23030 had an average of 16 days on market in Apr 2024, up by 725% compared to last year.

Breakdown of Home Sale Times

3 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

Many homes in 23030 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 23030; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 23030, VA

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