Is 23181, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23181 is a neutral's market

Buyer's
Market

Difference Since December 2020

At the same time last year, 23181 was a Seller's Market.

Key Takeaway

23181 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 23181, VA cost?

Median Sold Price

$255,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$19,500(+8.3%)

Key Takeaway

Homes in 23181 have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $136.1K$178K
+30.8%
3 $215K$254K
+18.1%
4 $269K$274.5K
+2.0%
5+ $309.9K$400K
+29.1%

How many homes are available in 23181, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
4240-4.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 45
+25.0%
3 2324
+4.3%
4 129
-25.0%
5+ 32
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
116-45.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23181, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
67 Days15 Days-77.0%

Breakdown of Home Sale Times

6 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 23181 are selling fast, if you're buying plan to act quickly.

About 23181, VA

23181, VA has 40 homes for sale to choose from. The number of homes for sale in 23181, VA decreased by 4.8% between November 2021 and December 2021. While the average time on the market in December 2021 was 15 days, the median list price was $255,000. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 30.8%, 3 bedrooms properties became 18.1% more expensive, prices of 4 bedrooms properties increased by 2%, 5 bedrooms properties prices increased by 29.1%. 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, 2 bedrooms homes became 25% more available, volume of 3 bedrooms homes went up by 4.3%, 4 bedrooms homes became 25% less available, the quantity of 5 bedrooms homes went down by 33.3%. In December 2021 more than 3 listings in 23181, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.