Is 23083, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23083 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23083 has remained a Seller's Market.

Key Takeaway

23083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23083, VA cost?

Median Sold Price

$250,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$5,000(+2.0%)

Key Takeaway

Homes in 23083 have sold for 2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $93K-
N/A
3 $245K$245K
0.0%
4 $170K$270K
+58.8%
5+ $434.7K$518.2K
+19.2%

Median Sold Price Compared To Nearby Zip Codes

23002
+18.7%
23083
+2.0%

How many homes are available in 23083, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1415+7.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 34
+33.3%
3 1010
0.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23083, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
53 Days18 Days-66.4%

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23083 are selling fast, if you're buying plan to act quickly.

About 23083, VA

23083, VA has 15 homes on the market. Between November 2021 and December 2021, 23083, VA real estate market has seen increase in the number of listings by 7.1%. While the average time on the market in December 2021 was 18 days, the median list price was $250,000. Real estate listing prices changed between November 2021 and December 2021: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties stayed the same, prices of 4 bedrooms properties went up by 58.8%, prices of 5 bedrooms properties went up by 19.2%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 33.3%, volume of 3 bedrooms homes stayed the same, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes did not move. In December 2021, from all listings sold in 23083, VA there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.