Is 23181, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 23181 was a Buyer's Market.
Housing Prices in 23181, VA
How much do homes in 23181, VA cost?
Median Sold Price
$310,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23181 was $310,000 in March 2024, up 3.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $205.5K | $210K | +2.2% |
3 Bedrooms | $274K | $300K | +9.5% |
4 Bedrooms | $375K | $362K | -3.5% |
5+ Bedrooms | $351K | $490K | +39.6% |
Summary: 23181 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 increased by 2.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 39.6%.
Housing Supply in 23181, VA
How many homes are available in 23181, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 60 | +20.0% |
Summary: The 23181 real estate market had 60 homes for sale in March 2024, a 20.0% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 23181 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 increased by 150%, 3 bedroom homes increased by 21.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 23181 in March 2024, up by 125.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 23181, VA
How long does it take to sell a home in 23181, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 3 Days | -92.4% |
Summary: Homes in 23181 had an average of 3 days on market in Mar 2024, down by 92.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 23181; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.