Is 23237, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23237 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23237 has remained a Seller's Market.

Key Takeaway

23237 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23237, VA cost?

Median Sold Price

$255,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$31,406(+14.0%)

Key Takeaway

Homes in 23237 have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $147.9K$177.5K
+20.0%
3 $209.6K$237.1K
+13.1%
4 $262K$300K
+14.5%
5+ $310.5K$352.6K
+13.5%

Median Sold Price Compared To Nearby Zip Codes

23836
+25.0%
23832
+15.4%
23831
+15.0%
23237
+14.0%
23234
+13.7%

How many homes are available in 23237, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
11191-18.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 45
+25.0%
3 6958
-15.9%
4 3024
-20.0%
5+ 84
-50.0%

Number of Homes Sold

Nov 2021Dec 2021%
3729-21.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23237, you could pay more than the asking price. 58.6% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
9 Days10 Days+13.0%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23237 are selling fast, if you're buying plan to act quickly.

About 23237, VA

23237, VA has 91 homes for sale to choose from. In December 2021 in 23237, VA there were 18% less homes for sale than in November 2021. In December 2021, listings were on the market for 10 days. During the same period, the median list price in this real estate market was $255,000. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 20% more expensive, prices of 3 bedrooms properties went up by 13.1%, 4 bedrooms properties prices increased by 14.5%, 5 bedrooms properties prices increased by 13.5%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 25%, the quantity of 3 bedrooms homes went down by 15.9%, volume of 4 bedrooms homes went down by 20%, number of 5 bedrooms homes decreased by 50%. In December 2021, from all listings sold in 23237, VA there were more than 17 sold above asking price, over 5 sold below and more than 7 were sold right at the asked price.