Is 23069, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23069 is a buyer's market

Buyer's
Market

Difference Since December 2020

Since last year, 23069 has remained a Buyer's Market.

Key Takeaway

23069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 23069, VA cost?

Median Sold Price

$300,777

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

-$13,948(-4.4%)

Key Takeaway

Homes in 23069 have sold for 4.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $194K-
N/A
3 $235K$253.7K
+8.0%
4 $432K$395K
-8.6%
5+ $412.5K$661.4K
+60.4%

Median Sold Price Compared To Nearby Zip Codes

23116
+12.1%
23009
+11.2%
23005
-0.1%
23069
-4.4%

How many homes are available in 23069, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1210-16.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 31
-66.7%
5+ 22
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23069, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
3 Days17 Days+466.7%

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 23069 are selling fast, if you're buying plan to act quickly.

About 23069, VA

23069, VA has 10 homes on the market. The inventory of homes for sale in 23069, VA between November 2021 and December 2021 decreased by 16.7%. The median list price of listings available in December 2021 was $300,777, while the average time on the real estate market was 17 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 8% more expensive, 4 bedrooms properties became 8.6% more cheaper, 5 bedrooms properties prices increased by 60.4%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes inventory decreased by 66.7%, the quantity of 5 bedrooms homes have not changed. In December 2021, from all listings sold in 23069, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.