Is 23230, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 23230 has remained a Seller's Market.
Housing Prices in 23230, VA
How much do homes in 23230, VA cost?
Median Sold Price
$430,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23230 was $430,000 in March 2024, up 28.4% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $189.5K | $197.5K | +4.2% |
2 Bedrooms | $262K | $407K | +55.3% |
3 Bedrooms | $332.5K | $446.6K | +34.3% |
4 Bedrooms | $465K | $437K | -6.0% |
5+ Bedrooms | $427K | $674.5K | +58.0% |
Summary: 23230 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 55.3%, 3 bedroom homes increased by 34.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 58%.
Housing Supply in 23230, VA
How many homes are available in 23230, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 56 | +7.7% |
Summary: The 23230 real estate market had 56 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 36 | 33 | -8.3% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 23230 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 23230 in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.
Days on Market for 23230, VA
How long does it take to sell a home in 23230, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 14 Days | -26.6% |
Summary: Homes in 23230 had an average of 14 days on market in Mar 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 23230; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.