Is 23141, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23141 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23141 has remained a Seller's Market.

Key Takeaway

23141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23141, VA cost?

Median Sold Price

$355,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,000(+12.7%)

Key Takeaway

Homes in 23141 have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $125K-
N/A
2 $171.1K$215K
+25.7%
3 $276.2K$297.8K
+7.8%
4 $342.4K$390K
+13.9%
5+ $386.9K$440.2K
+13.8%

Median Sold Price Compared To Nearby Zip Codes

23150
+12.8%
23141
+12.7%
23140
+11.7%
23111
+10.2%
23124
+9.7%

How many homes are available in 23141, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
8972-19.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 43
-25.0%
3 3128
-9.7%
4 4329
-32.6%
5+ 1112
+9.1%

Number of Homes Sold

Nov 2021Dec 2021%
2532+28.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23141, expect to pay close to the asking price. 51.9% of homes here sold near the asking price last month.

Average Sale Time

Dec 2020Dec 2021%
38 Days28 Days-25.8%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23141 are selling fast, if you're buying plan to act quickly.

About 23141, VA

Homes for sale in 23141, VA have reached 72. In December 2021 in 23141, VA there were 19.1% less homes for sale than in November 2021. In December 2021, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $355,000. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 25.7%, 3 bedrooms properties prices increased by 7.8%, prices of 4 bedrooms properties went up by 13.9%, the cost of 5 bedrooms properties went up by 13.8%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 25% less available, volume of 3 bedrooms homes went down by 9.7%, 4 bedrooms homes inventory decreased by 32.6%, volume of 5 bedrooms homes went up by 9.1%. In December 2021, from all listings sold in 23141, VA there were more than 9 sold above asking price, over 4 sold below and more than 14 were sold right at the asked price.