Is 23430, 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, 23430 has remained a Buyer's Market.
Key Takeaway
23430 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 23430, VA
How much do homes in 23430, VA cost?
Median Sold Price
$571,491
$199/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 23430 have sold for 9.7% more than they did a month ago.
Summary: The median home sold price in 23430 was $571,491 in March 2024, up 9.7% from last month, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $521K | - | N/A |
| 4 Bedrooms | - | $571.4K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 23430 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 23314 | $495K | $560K | +13.1% |
| 23430 | $521K | $571.4K | +9.7% |
Housing Supply in 23430, VA
How many homes are available in 23430, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 154 | 169 | +9.7% |
Summary: The 23430 real estate market had 169 homes for sale in March 2024, a 9.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 71 | 80 | +12.7% |
| 4 Bedrooms | 55 | 62 | +12.7% |
| 5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The 23430 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 12.7%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23430, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 23430 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 23430, VA
How long does it take to sell a home in 23430, VA?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 58 Days | +13.1% |
Summary: Homes in 23430 had an average of 58 days on market in Mar 2024, up by 13.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 23430 has remained consistent over time.
Summary: During March 2024, 12 homes were sold in 23430; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
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