Is 23235, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23235 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23235 has remained a Seller's Market.

Key Takeaway

23235 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23235, VA cost?

Median Sold Price

$312,506

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$40,845(+15.0%)

Key Takeaway

Homes in 23235 have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $125.1K$125K
-0.1%
2 $140K$255K
+82.1%
3 $249.9K$285K
+14.0%
4 $298K$340K
+14.1%
5+ $366.2K$475K
+29.7%

Median Sold Price Compared To Nearby Zip Codes

23224
+16.2%
23235
+15.0%
23225
+11.6%
23236
+11.3%
23226
+8.7%

How many homes are available in 23235, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
217168-22.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 21
-50.0%
2 5845
-22.4%
3 8667
-22.1%
4 6249
-21.0%
5+ 96
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
6671+7.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23235, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
13 Days15 Days+19.8%

Breakdown of Home Sale Times

64 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23235 are selling fast, if you're buying plan to act quickly.

About 23235, VA

23235, VA has 168 homes for sale to choose from. The number of homes for sale in 23235, VA decreased by 22.6% between November 2021 and December 2021. The median list price of listings available in December 2021 was $312,506, while the average time on the real estate market was 15 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties became 0.1% more cheaper, the cost of 2 bedrooms properties went up by 82.1%, the cost of 3 bedrooms properties went up by 14%, the cost of 4 bedrooms properties went up by 14.1%, 5 bedrooms properties prices increased by 29.7%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 50%, 2 bedrooms homes inventory decreased by 22.4%, the quantity of 3 bedrooms homes went down by 22.1%, the quantity of 4 bedrooms homes went down by 21%, 5 bedrooms homes inventory decreased by 33.3%. 23235, VA housing market in December 2021 saw over 40 listings sold above listed price, more than 15 sold at listed price and over 16 sold below.