Is 23222, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23222 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23222 has remained a Seller's Market.

Key Takeaway

23222 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23222, VA cost?

Median Sold Price

$258,472

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$38,472(+17.5%)

Key Takeaway

Homes in 23222 have sold for 17.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $149K$162.5K
+9.1%
3 $220K$259.9K
+18.2%
4 $283K$285K
+0.7%
5+ $269.2K$399.9K
+48.5%

Median Sold Price Compared To Nearby Zip Codes

23219
+30.6%
23222
+17.5%
23223
+11.3%
23227
+11.0%
23220
+2.2%

How many homes are available in 23222, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
154137-11.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 1613
-18.8%
3 9377
-17.2%
4 3839
+2.6%
5+ 78
+14.3%

Number of Homes Sold

Nov 2021Dec 2021%
4644-4.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23222, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
11 Days19 Days+73.5%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23222 are selling fast, if you're buying plan to act quickly.

About 23222, VA

Number of homes for sale in 23222, VA real estate market have reached 137. The number of homes for sale in 23222, VA decreased by 11% between November 2021 and December 2021. The median list price of listings available in December 2021 was $258,472, while the average time on the real estate market was 19 days. This housing market listing prices have changed between November 2021 and December 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 9.1%, 3 bedrooms properties prices increased by 18.2%, prices of 4 bedrooms properties went up by 0.7%, the cost of 5 bedrooms properties went up by 48.5%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 18.8%, volume of 3 bedrooms homes went down by 17.2%, number of 4 bedrooms homes increased by 2.6%, number of 5 bedrooms homes increased by 14.3%. In December 2021 more than 26 listings in 23222, VA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 11 were sold below.