Is 23139, 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, 23139 has remained a Seller's Market.
Housing Prices in 23139, VA
How much do homes in 23139, VA cost?
Median Sold Price
$425,583
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23139 was $425,583 in March 2024, up 7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $245K | +63.3% |
2 Bedrooms | $255K | $385K | +51.0% |
3 Bedrooms | $335K | $360K | +7.5% |
4 Bedrooms | $549.9K | $564.9K | +2.7% |
5+ Bedrooms | $659.1K | $700K | +6.2% |
Summary: 23139 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.3%, 2 bedroom homes increased by 51%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 23139, VA
How many homes are available in 23139, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 100 | +17.6% |
Summary: The 23139 real estate market had 100 homes for sale in March 2024, a 17.6% 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 | 5 | 5 | 0.0% |
3 Bedrooms | 27 | 35 | +29.6% |
4 Bedrooms | 35 | 40 | +14.3% |
5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 23139 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 remained the same, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 23139 in March 2024, up by 15.0% month-over-month. Of the 23 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for 23139, VA
How long does it take to sell a home in 23139, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 31 Days | -25.5% |
Summary: Homes in 23139 had an average of 31 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 23139; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.