Is 23112, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23112 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23112 has remained a Seller's Market.

Key Takeaway

23112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23112, VA cost?

Median Sold Price

$344,967

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$36,476(+11.8%)

Key Takeaway

Homes in 23112 have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $180K$157.7K
-12.4%
2 $194.8K$233.7K
+20.0%
3 $250K$281.3K
+12.5%
4 $325K$369.9K
+13.8%
5+ $419.9K$493.3K
+17.5%

Median Sold Price Compared To Nearby Zip Codes

23120
+17.7%
23114
+16.8%
23832
+15.4%
23112
+11.8%
23236
+11.3%

How many homes are available in 23112, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
313256-18.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 01
+100.0%
2 74
-42.9%
3 10585
-19.0%
4 127106
-16.5%
5+ 7460
-18.9%

Number of Homes Sold

Nov 2021Dec 2021%
10394-8.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

61 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23112, you could pay more than the asking price. 65.6% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
15 Days14 Days-7.6%

Breakdown of Home Sale Times

86 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23112 are selling fast, if you're buying plan to act quickly.

About 23112, VA

23112, VA has 256 homes on the market. The number of listings in 23112, VA decreased by 18.2% between November 2021 and December 2021. While the average time on the market in December 2021 was 14 days, the median list price was $344,967. Listing prices have changed in this real estate market between November 2021 and December 2021: the cost of 1 bedroom properties went down by 12.4%, 2 bedrooms properties prices increased by 20%, 3 bedrooms properties prices increased by 12.5%, 4 bedrooms properties prices increased by 13.8%, the cost of 5 bedrooms properties went up by 17.5%. This housing market inventory have changed: 1 bedroom homes inventory increased by 100%, number of 2 bedrooms homes decreased by 42.9%, number of 3 bedrooms homes decreased by 19%, volume of 4 bedrooms homes went down by 16.5%, 5 bedrooms homes became 18.9% less available. 23112, VA housing market in December 2021 saw over 61 listings sold above listed price, more than 20 sold at listed price and over 12 sold below.