Is 23150, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23150 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23150 has remained a Seller's Market.

Key Takeaway

23150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23150, VA cost?

Median Sold Price

$240,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$27,250(+12.8%)

Key Takeaway

Homes in 23150 have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $146K$170K
+16.4%
3 $208.7K$235K
+12.6%
4 $237.1K$280K
+18.1%
5+ $331.5K$385K
+16.1%

Median Sold Price Compared To Nearby Zip Codes

23075
+24.2%
23150
+12.8%
23231
+12.8%
23141
+12.7%

How many homes are available in 23150, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
4549+8.9%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 66
0.0%
3 2729
+7.4%
4 1011
+10.0%
5+ 23
+50.0%

Number of Homes Sold

Nov 2021Dec 2021%
1117+54.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23150, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
10 Days28 Days+177.0%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23150 are selling fast, if you're buying plan to act quickly.

About 23150, VA

There are 49 homes are for sale in 23150, VA real estate market. The number of homes for sale in 23150, VA increased by 8.9% between November 2021 and December 2021. The median list price of listings available in December 2021 was $240,000, while the average time on the real estate market was 28 days. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 16.4%, prices of 3 bedrooms properties increased by 12.6%, prices of 4 bedrooms properties increased by 18.1%, 5 bedrooms properties became 16.1% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went up by 7.4%, number of 4 bedrooms homes increased by 10%, the quantity of 5 bedrooms homes went up by 50%. While more than 7 listings in 23150, VA in December 2021 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below.