Is 23236, 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, 23236 has remained a Seller's Market.
Housing Prices in 23236, VA
How much do homes in 23236, VA cost?
Median Sold Price
$368,433
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23236 was $368,433 in March 2024, up 9.5% 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 | - | $335K | N/A |
2 Bedrooms | $325K | $346K | +6.5% |
3 Bedrooms | $305K | $349.4K | +14.6% |
4 Bedrooms | $363K | $381K | +5.0% |
5+ Bedrooms | $489K | $560K | +14.5% |
Summary: 23236 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in 23236, VA
How many homes are available in 23236, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 93 | +12.0% |
Summary: The 23236 real estate market had 93 homes for sale in March 2024, a 12.0% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 36 | 39 | +8.3% |
4 Bedrooms | 26 | 33 | +26.9% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 23236 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 11.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 26 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 23236 in March 2024, up by 8.3% month-over-month. Of the 25 sold homes, 24% were sold under asking, 20% were sold at asking, and 56% were sold over asking.
Days on Market for 23236, VA
How long does it take to sell a home in 23236, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 13 Days | -21.0% |
Summary: Homes in 23236 had an average of 13 days on market in Mar 2024, down by 21% 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, 26 homes were sold in 23236; 81% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.