Is 23086, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23086 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23086 has remained a Seller's Market.

Key Takeaway

23086 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23086, VA cost?

Median Sold Price

$265,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$31,500(+13.5%)

Key Takeaway

Homes in 23086 have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $184.9K$219K
+18.4%
3 $233K$259K
+11.2%
4 $264.5K$312.5K
+18.1%
5+ $338K$835K
+147.0%

Median Sold Price Compared To Nearby Zip Codes

23086
+13.5%
23124
+9.7%
23181
+8.3%

How many homes are available in 23086, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
12120.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 810
+25.0%
4 32
-33.3%
5+ 10
-100.0%

Number of Homes Sold

Nov 2021Dec 2021%
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23086, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
345 Days16 Days-95.2%

Breakdown of Home Sale Times

3 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 23086 are selling fast, if you're buying plan to act quickly.

About 23086, VA

There are 12 homes are for sale in 23086, VA real estate market. While the average time on the market in December 2021 was 16 days, the median list price was $265,000. Listing prices have changed in this real estate market between November 2021 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 18.4%, prices of 3 bedrooms properties went up by 11.2%, prices of 4 bedrooms properties increased by 18.1%, prices of 5 bedrooms properties increased by 147%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went up by 25%, 4 bedrooms homes became 33.3% less available, 5 bedrooms homes inventory decreased by 100%. While more than 2 listings in 23086, VA in December 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.