Is 23109, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23109 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23109 has remained a Seller's Market.

Key Takeaway

23109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23109, VA cost?

Median Sold Price

$295,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$62,500(+26.9%)

Key Takeaway

Homes in 23109 have sold for 26.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $227.5K-
N/A
2 $124.5K$195.4K
+57.0%
3 $250K$278.5K
+11.4%
4 $285K$550K
+93.0%
5+ $1.2M$665K
-45.9%

How many homes are available in 23109, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3329-12.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 1212
0.0%
3 106
-40.0%
4 77
0.0%
5+ 44
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23109, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
149 Days39 Days-73.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 23109 has remained consistent over time.

About 23109, VA

23109, VA has 29 homes for sale to choose from. The number of listings in 23109, VA decreased by 12.1% between November 2021 and December 2021. In December 2021 median list price was $295,000 and the average listing age was 39 days. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 57%, 3 bedrooms properties prices increased by 11.4%, 4 bedrooms properties became 93% more expensive, 5 bedrooms properties prices decreased by 45.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 40%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in December 2021 in 23109, VA. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price.