Is 23141, 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, 23141 has remained a Seller's Market.
Housing Prices in 23141, VA
How much do homes in 23141, VA cost?
Median Sold Price
$385,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23141 was $385,000 in March 2024, down 1.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $272.5K | $189.9K | -30.3% |
3 Bedrooms | $340K | $362K | +6.5% |
4 Bedrooms | $430K | $439.9K | +2.3% |
5+ Bedrooms | $503.9K | $495K | -1.8% |
Summary: 23141 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 30.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 23141, VA
How many homes are available in 23141, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 47 | +4.4% |
Summary: The 23141 real estate market had 47 homes for sale in March 2024, a 4.4% 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 | 4 | -20.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 23141 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 20%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 23141 in March 2024, up by 57.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for 23141, VA
How long does it take to sell a home in 23141, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 26 Days | -21.3% |
Summary: Homes in 23141 had an average of 26 days on market in Mar 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 23141; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.