Is 23185, 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, 23185 was a Buyer's Market.
Housing Prices in 23185, VA
How much do homes in 23185, VA cost?
Median Sold Price
$435,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23185 was $435,500 in March 2024, up 1.3% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $692.5K | +248.0% |
2 Bedrooms | $280K | $275K | -1.8% |
3 Bedrooms | $363K | $387K | +6.6% |
4 Bedrooms | $605K | $565K | -6.6% |
5+ Bedrooms | $798K | $749.3K | -6.1% |
Summary: 23185 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 248%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
23188 | $463K | $508.7K | +9.9% |
23185 | $430K | $435.5K | +1.3% |
Housing Supply in 23185, VA
How many homes are available in 23185, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
229 | 269 | +17.5% |
Summary: The 23185 real estate market had 269 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 89 | 102 | +14.6% |
4 Bedrooms | 84 | 106 | +26.2% |
5+ Bedrooms | 32 | 35 | +9.4% |
Summary: The 23185 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 9.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in 23185 in March 2024, down by 3.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.
Days on Market for 23185, VA
How long does it take to sell a home in 23185, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 81 Days | +210.1% |
Summary: Homes in 23185 had an average of 81 days on market in Mar 2024, up by 210.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 51 homes were sold in 23185; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.