Is 23192, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 23192 was a Neutral Market.
Housing Prices in 23192, VA
How much do homes in 23192, VA cost?
Median Sold Price
$524,050
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 23192 was $524,050 in February 2024, up 27.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $60K | N/A |
2 Bedrooms | $205K | $239K | +16.6% |
3 Bedrooms | $340K | $392.5K | +15.4% |
4 Bedrooms | $562K | $606.2K | +7.9% |
5+ Bedrooms | $697.4K | $724.6K | +3.9% |
Summary: 23192 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 23192, VA
How many homes are available in 23192, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 30 | +15.4% |
Summary: The 23192 real estate market had 30 homes for sale in February 2024, a 15.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 23192 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 23192 in February 2024, up by 100.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 38% were sold at asking, and 50% were sold over asking.
Days on Market for 23192, VA
How long does it take to sell a home in 23192, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
62 Days | 30 Days | -51.4% |
Summary: Homes in 23192 had an average of 30 days on market in Feb 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in 23192; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.