Is 23060, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 23060 has remained a Seller's Market.
Housing Prices in 23060, VA
How much do homes in 23060, VA cost?
Median Sold Price
$401,397
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23060 was $401,397 in March 2024, up 2.7% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $265K | +20.5% |
3 Bedrooms | $364K | $375.6K | +3.2% |
4 Bedrooms | $440.7K | $458.7K | +4.1% |
5+ Bedrooms | $565K | $575K | +1.8% |
Summary: 23060 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 20.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 1.8%.
Housing Supply in 23060, VA
How many homes are available in 23060, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 85 | -8.6% |
Summary: The 23060 real estate market had 85 homes for sale in March 2024, a 8.6% decrease 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 | 13 | +18.2% |
3 Bedrooms | 48 | 48 | 0.0% |
4 Bedrooms | 23 | 17 | -26.1% |
5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The 23060 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 increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 27 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 23060 in March 2024, down by 25.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for 23060, VA
How long does it take to sell a home in 23060, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 16 Days | +11.2% |
Summary: Homes in 23060 had an average of 16 days on market in Mar 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 23060; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.