Is 23601, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23601 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23601 has remained a Seller's Market.

Key Takeaway

23601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23601, VA cost?

Median Sold Price

$111,000

$95/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$138,950(-55.6%)

Key Takeaway

Homes in 23601 have sold for 55.6% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 -$111K
N/A
4 $249.9K-
N/A
5+ --
N/A

How many homes are available in 23601, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
141123-12.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 01
+100.0%
2 1010
0.0%
3 7862
-20.5%
4 4438
-13.6%
5+ 912
+33.3%

Number of Homes Sold

Nov 2021Dec 2021%
5432-40.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23601, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Dec 2021%
25 Days30 Days+17.7%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23601 are selling fast, if you're buying plan to act quickly.

About 23601, VA

There are 123 homes are for sale in 23601, VA real estate market. The inventory of homes for sale in 23601, VA between November 2021 and December 2021 decreased by 12.8%. The median list price of listings available in December 2021 was $111,000, while the average time on the real estate market was 30 days. Listing prices have changed in this real estate market between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 20.5%, 4 bedrooms homes became 13.6% less available, 5 bedrooms homes inventory increased by 33.3%. In December 2021 more than 0 listings in 23601, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.