Is 23233, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23233 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23233 has remained a Seller's Market.

Key Takeaway

23233 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23233, VA cost?

Median Sold Price

$415,500

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$57,833(+16.2%)

Key Takeaway

Homes in 23233 have sold for 16.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $137.5K$130.5K
-5.1%
2 $189K$220K
+16.4%
3 $305.3K$352.5K
+15.4%
4 $399K$455K
+14.0%
5+ $563.7K$600.5K
+6.5%

Median Sold Price Compared To Nearby Zip Codes

23233
+16.2%
23238
+16.0%
23060
+14.4%
23294
+13.1%
23229
+8.0%

How many homes are available in 23233, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
12397-21.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 10
-100.0%
2 3022
-26.7%
3 4337
-14.0%
4 3828
-26.3%
5+ 1110
-9.1%

Number of Homes Sold

Nov 2021Dec 2021%
4142+2.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23233, you could pay more than the asking price. 65.9% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
18 Days16 Days-9.7%

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23233 are selling fast, if you're buying plan to act quickly.

About 23233, VA

23233, VA has 97 homes for sale to choose from. Between November 2021 and December 2021, 23233, VA real estate market has seen decrease in the number of listings by 21.1%. In December 2021, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $415,500. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties became 5.1% more cheaper, the cost of 2 bedrooms properties went up by 16.4%, prices of 3 bedrooms properties went up by 15.4%, 4 bedrooms properties prices increased by 14%, prices of 5 bedrooms properties went up by 6.5%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 100%, number of 2 bedrooms homes decreased by 26.7%, volume of 3 bedrooms homes went down by 14%, 4 bedrooms homes inventory decreased by 26.3%, volume of 5 bedrooms homes went down by 9.1%. In December 2021, from all listings sold in 23233, VA there were more than 27 sold above asking price, over 6 sold below and more than 8 were sold right at the asked price.