Is 23235, 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, 23235 has remained a Seller's Market.
Housing Prices in 23235, VA
How much do homes in 23235, VA cost?
Median Sold Price
$384,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23235 was $384,500 in March 2024, up 5.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $173.5K | +3.6% |
2 Bedrooms | $333.6K | $275K | -17.6% |
3 Bedrooms | $335K | $355K | +6.0% |
4 Bedrooms | $390K | $410K | +5.1% |
5+ Bedrooms | $520K | $560K | +7.7% |
Summary: 23235 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 23235, VA
How many homes are available in 23235, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 86 | +11.7% |
Summary: The 23235 real estate market had 86 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 36 | 36 | 0.0% |
4 Bedrooms | 29 | 36 | +24.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 23235 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 23235 in March 2024, up by 19.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 28% were sold at asking, and 48% were sold over asking.
Days on Market for 23235, VA
How long does it take to sell a home in 23235, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 14 Days | -0.7% |
Summary: Homes in 23235 had an average of 14 days on market in Mar 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in 23235; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.