Is 23233, 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, 23233 has remained a Seller's Market.
Housing Prices in 23233, VA
How much do homes in 23233, VA cost?
Median Sold Price
$510,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23233 was $510,000 in March 2024, up 9.5% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192.5K | $200K | +3.9% |
2 Bedrooms | $290K | $287.9K | -0.7% |
3 Bedrooms | $405K | $435K | +7.4% |
4 Bedrooms | $545K | $569.5K | +4.5% |
5+ Bedrooms | $676K | $815K | +20.6% |
Summary: 23233 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in 23233, VA
How many homes are available in 23233, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
115 | 127 | +10.4% |
Summary: The 23233 real estate market had 127 homes for sale in March 2024, a 10.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 48 | 47 | -2.1% |
4 Bedrooms | 42 | 46 | +9.5% |
5+ Bedrooms | 16 | 22 | +37.5% |
Summary: The 23233 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 23233 in March 2024, up by 7.7% month-over-month. Of the 28 sold homes, 43% were sold under asking, 11% were sold at asking, and 46% were sold over asking.
Days on Market for 23233, VA
How long does it take to sell a home in 23233, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 14 Days | -15.1% |
Summary: Homes in 23233 had an average of 14 days on market in Mar 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 23233; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.