Is 23109, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 23109 was a Neutral Market.
Housing Prices in 23109, VA
How much do homes in 23109, VA cost?
Median Sold Price
$651,000
$196/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in 23109 was $651,000 in February 2024, up 9% from last month, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $150K | N/A |
4 Bedrooms | $597.5K | $740.5K | +23.9% |
5+ Bedrooms | - | - | N/A |
Summary: 23109 housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
23025 | $129K | $500K | +287.6% |
23109 | $597.5K | $651K | +9.0% |
Housing Supply in 23109, VA
How many homes are available in 23109, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Summary: The 23109 real estate market had 23 homes for sale in February 2024, a 21.1% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 23109 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 increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
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 23109 in February 2024, the same as the previous 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 23109, VA
How long does it take to sell a home in 23109, VA?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
144 Days | 81 Days | -43.5% |
Summary: Homes in 23109 had an average of 81 days on market in Feb 2024, down by 43.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 23109; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.