Is 23113, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 23113 has remained a Seller's Market.
Housing Prices in 23113, VA
How much do homes in 23113, VA cost?
Median Sold Price
$680,625
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23113 was $680,625 in March 2024, up 16% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $235K | N/A |
2 Bedrooms | $275K | $251.5K | -8.5% |
3 Bedrooms | $387.5K | $413K | +6.6% |
4 Bedrooms | $585K | $660.2K | +12.9% |
5+ Bedrooms | $790K | $900K | +13.9% |
Summary: 23113 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in 23113, VA
How many homes are available in 23113, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 82 | +2.5% |
Summary: The 23113 real estate market had 82 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 20 | 17 | -15.0% |
4 Bedrooms | 30 | 34 | +13.3% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The 23113 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 23113 in March 2024, the same as the previous month. Of the 26 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for 23113, VA
How long does it take to sell a home in 23113, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
6 Days | 18 Days | +207.1% |
Summary: Homes in 23113 had an average of 18 days on market in Mar 2024, up by 207.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 23113; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.