Is 23035, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23035 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 23035 was a Seller's Market.

Key Takeaway

23035 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 23035, VA

How much do homes in 23035, VA cost?

Median Sold Price

$350,950

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$26,450(+8.2%)

Key Takeaway

Homes in 23035 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 23035 was $350,950 in March 2024, up 8.2% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$596.5K
N/A
2 $264.9K$560K
+111.4%
3 $324.5K$342K
+5.4%
4 $625K$125K
-80.0%
5+ --
N/A

Summary: 23035 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 111.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 80%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23035
+8.2%
23070
-6.3%
23043
-8.5%

Housing Supply in 23035, VA

How many homes are available in 23035, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The 23035 real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 85
-37.5%
4 13
+200.0%
5+ 00
0.0%

Summary: The 23035 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 decreased by 37.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

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 23035, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 23035 in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 23035, VA

How long does it take to sell a home in 23035, VA?

Average Sale Time

Mar 2023Mar 2024CHANGE
11 Days3 Days-74.3%

Summary: Homes in 23035 had an average of 3 days on market in Mar 2024, down by 74.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23035 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in 23035; 100% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in 23035, VA

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