Is 23168, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23168 is a seller's market

Buyer's
Market

Difference Since December 2020

At the same time last year, 23168 was a Buyer's Market.

Key Takeaway

23168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23168, VA cost?

Median Sold Price

$385,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

-$10,000(-2.5%)

Key Takeaway

Homes in 23168 have sold for 2.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $175K$190K
+8.6%
3 $299.4K$340K
+13.5%
4 $425K$442.5K
+4.1%
5+ $505.2K$479.5K
-5.1%

Median Sold Price Compared To Nearby Zip Codes

23011
+57.8%
23089
+15.8%
23188
+6.7%
23168
-2.5%

How many homes are available in 23168, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
6039-35.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 22
0.0%
3 3420
-41.2%
4 1513
-13.3%
5+ 94
-55.6%

Number of Homes Sold

Nov 2021Dec 2021%
2613-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23168, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
63 Days6 Days-90.1%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23168 are selling fast, if you're buying plan to act quickly.

About 23168, VA

There are 39 homes are for sale in 23168, VA real estate market. In December 2021 in 23168, VA there were 35% less homes for sale than in November 2021. In December 2021 median list price was $385,000 and the average listing age was 6 days. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 8.6% more expensive, prices of 3 bedrooms properties went up by 13.5%, the cost of 4 bedrooms properties went up by 4.1%, 5 bedrooms properties became 5.1% more cheaper. This housing market inventory have changed: 1 bedroom homes did not move, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes decreased by 41.2%, number of 4 bedrooms homes decreased by 13.3%, 5 bedrooms homes became 55.6% less available. In December 2021, from all listings sold in 23168, VA there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.