Is 23063, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 23063 has remained a Buyer's Market.
Housing Prices in 23063, VA
How much do homes in 23063, VA cost?
Median Sold Price
$395,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 23063 was $395,000 in February 2024, up 2.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $271K | N/A |
3 Bedrooms | $358.9K | $360.4K | 0.4% |
4 Bedrooms | $590K | $600K | +1.7% |
5+ Bedrooms | $660.6K | $724.9K | +9.7% |
Summary: 23063 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Zip Codes
23102 | $475K | $506K | +6.5% |
23063 | $385K | $395K | +2.6% |
Housing Supply in 23063, VA
How many homes are available in 23063, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The 23063 real estate market had 26 homes for sale in February 2024, a 13.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 23063 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 23063 in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 23063, VA
How long does it take to sell a home in 23063, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
5 Days | 32 Days | +553.3% |
Summary: Homes in 23063 had an average of 32 days on market in Feb 2024, up by 553.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 23063; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.