Is 23063, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23063 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23063 has remained a Seller's Market.

Key Takeaway

23063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23063, VA cost?

Median Sold Price

$317,193

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$22,193(+7.5%)

Key Takeaway

Homes in 23063 have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $90.9K$174.5K
+91.9%
3 $264K$275K
+4.2%
4 $421.5K$435K
+3.2%
5+ $514.5K$582.5K
+13.2%

Median Sold Price Compared To Nearby Zip Codes

23063
+7.5%
23065
+7.1%
23153
+2.9%

How many homes are available in 23063, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3627-25.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 33
0.0%
3 159
-40.0%
4 129
-25.0%
5+ 66
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
12120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23063, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
26 Days72 Days+174.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23063 are selling fast, if you're buying plan to act quickly.

About 23063, VA

There are 27 homes are for sale in 23063, VA real estate market. The inventory of homes for sale in 23063, VA between November 2021 and December 2021 decreased by 25%. While the average time on the market in December 2021 was 72 days, the median list price was $317,193. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 91.9%, prices of 3 bedrooms properties went up by 4.2%, 4 bedrooms properties became 3.2% more expensive, prices of 5 bedrooms properties increased by 13.2%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, 2 bedrooms homes did not move, number of 3 bedrooms homes decreased by 40%, volume of 4 bedrooms homes went down by 25%, 5 bedrooms homes inventory did not change. In December 2021, from all listings sold in 23063, VA there were more than 5 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price.