Is 23075, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23075 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23075 has remained a Seller's Market.

Key Takeaway

23075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23075, VA cost?

Median Sold Price

$205,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,000(+24.2%)

Key Takeaway

Homes in 23075 have sold for 24.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $121.5K$175K
+44.0%
3 $165.2K$200K
+21.0%
4 $193K$250K
+29.5%
5+ $99.9K$330K
+230.1%

Median Sold Price Compared To Nearby Zip Codes

23075
+24.2%
23150
+12.8%
23231
+12.8%
23223
+11.3%
23111
+10.2%

How many homes are available in 23075, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
5145-11.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 63
-50.0%
3 3533
-5.7%
4 66
0.0%
5+ 43
-25.0%

Number of Homes Sold

Nov 2021Dec 2021%
1518+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23075, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
7 Days14 Days+103.2%

Breakdown of Home Sale Times

16 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 23075 are selling fast, if you're buying plan to act quickly.

About 23075, VA

There are 45 homes are for sale in 23075, VA real estate market. In December 2021 in 23075, VA there were 11.8% less homes for sale than in November 2021. Listings spent 14 days on the market in December 2021, and had a median list price of $205,000 during the same period. This housing market listing prices have changed between November 2021 and December 2021: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 44%, prices of 3 bedrooms properties went up by 21%, the cost of 4 bedrooms properties went up by 29.5%, prices of 5 bedrooms properties increased by 230.1%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 50%, 3 bedrooms homes became 5.7% less available, 4 bedrooms homes did not move, 5 bedrooms homes became 25% less available. In December 2021 more than 11 listings in 23075, VA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below.