Is 23060, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23060 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23060 has remained a Seller's Market.

Key Takeaway

23060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23060, VA cost?

Median Sold Price

$345,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$43,470(+14.4%)

Key Takeaway

Homes in 23060 have sold for 14.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $188K$190K
+1.1%
3 $269.4K$320K
+18.7%
4 $348K$396.5K
+13.9%
5+ $458.9K$549.9K
+19.8%

Median Sold Price Compared To Nearby Zip Codes

23233
+16.2%
23060
+14.4%
23228
+14.1%
23294
+13.1%
23059
+10.5%

How many homes are available in 23060, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
11480-29.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 98
-11.1%
3 5236
-30.8%
4 4027
-32.5%
5+ 139
-30.8%

Number of Homes Sold

Nov 2021Dec 2021%
5540-27.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23060, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
15 Days8 Days-45.2%

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23060 are selling fast, if you're buying plan to act quickly.

About 23060, VA

Homes for sale in 23060, VA have reached 80. The number of listings in 23060, VA decreased by 29.8% between November 2021 and December 2021. In December 2021 median list price was $345,000 and the average listing age was 8 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 1.1%, the cost of 3 bedrooms properties went up by 18.7%, 4 bedrooms properties prices increased by 13.9%, prices of 5 bedrooms properties went up by 19.8%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 11.1%, the quantity of 3 bedrooms homes went down by 30.8%, 4 bedrooms homes inventory decreased by 32.5%, volume of 5 bedrooms homes went down by 30.8%. In December 2021 more than 24 listings in 23060, VA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 10 were sold below.