Is 23226, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23226 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23226 has remained a Seller's Market.

Key Takeaway

23226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23226, VA cost?

Median Sold Price

$422,058

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$33,745(+8.7%)

Key Takeaway

Homes in 23226 have sold for 8.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $214K$245.1K
+14.6%
2 $280K$303K
+8.2%
3 $370K$395K
+6.8%
4 $465K$490K
+5.4%
5+ $1.0M$1.0M
-3.6%

Median Sold Price Compared To Nearby Zip Codes

23226
+8.7%
23230
+8.3%
23229
+8.0%
23221
+4.0%

How many homes are available in 23226, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
10387-15.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 33
0.0%
2 1110
-9.1%
3 4946
-6.1%
4 3323
-30.3%
5+ 75
-28.6%

Number of Homes Sold

Nov 2021Dec 2021%
3042+40.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23226, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
15 Days13 Days-12.5%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23226 are selling fast, if you're buying plan to act quickly.

About 23226, VA

There are 87 homes are for sale in 23226, VA real estate market. In December 2021 in 23226, VA there were 15.5% less homes for sale than in November 2021. The median list price of listings available in December 2021 was $422,058, while the average time on the real estate market was 13 days. 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 increased by 14.6%, prices of 2 bedrooms properties increased by 8.2%, prices of 3 bedrooms properties went up by 6.8%, the cost of 4 bedrooms properties went up by 5.4%, the cost of 5 bedrooms properties went down by 3.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 9.1%, the quantity of 3 bedrooms homes went down by 6.1%, 4 bedrooms homes inventory decreased by 30.3%, 5 bedrooms homes became 28.6% less available. 23226, VA housing market in December 2021 saw over 19 listings sold above listed price, more than 11 sold at listed price and over 12 sold below.