Is 23153, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23153 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 23153 was a Neutral Market.

Key Takeaway

23153 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23153, VA

How much do homes in 23153, VA cost?

Median Sold Price

$539,950

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$59,150(+12.3%)

Key Takeaway

Homes in 23153 have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in 23153 was $539,950 in April 2024, up 12.3% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $98K$240K
+144.9%
3 $443.4K$300K
-32.3%
4 $517.9K$544.9K
+5.2%
5+ $562.5K$1.7M
+219.8%

Summary: 23153 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 144.9%, 3 bedroom homes decreased by 32.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 219.8%.

Median Sold Price Compared To Nearby Zip Codes

23063
+16.1%
23153
+12.3%
23065
0.1%

Housing Supply in 23153, VA

How many homes are available in 23153, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
910+11.1%

Summary: The 23153 real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 54
-20.0%
5+ 24
+100.0%

Summary: The 23153 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23153, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 23153 in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for 23153, VA

How long does it take to sell a home in 23153, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days61 Days+1938.9%

Summary: Homes in 23153 had an average of 61 days on market in Apr 2024, up by 1938.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23153 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 23153; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in 23153, VA

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