Is 23356, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 23356 has remained a Buyer's Market.
Key Takeaway
23356 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 23356, VA
How much do homes in 23356, VA cost?
Median Sold Price
$275,995
$214/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 23356 have sold for 36.8% less than they did a month ago.
Summary: The median home sold price in 23356 was $275,995 in March 2024, down 36.8% from last month, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $238K | $275.9K | +16.0% |
| 4 Bedrooms | $436.5K | - | N/A |
| 5+ Bedrooms | $857.5K | - | N/A |
Summary: 23356 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 16%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 23356, VA
How many homes are available in 23356, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The 23356 real estate market had 53 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 23356 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 23356, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 23356 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 23356, VA
How long does it take to sell a home in 23356, VA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 348 Days | +601.7% |
Summary: Homes in 23356 had an average of 348 days on market in Mar 2024, up by 601.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 23356 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 23356; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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