Is 23602, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23602 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23602 has remained a Seller's Market.

Key Takeaway

23602 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23602, VA cost?

Median Sold Price

$279,900

$181/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$65,100(-18.9%)

Key Takeaway

Homes in 23602 have sold for 18.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 $189.9K-
N/A
3 -$279.9K
N/A
4 $411.8K-
N/A
5+ $345K-
N/A

How many homes are available in 23602, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
229209-8.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 23
+50.0%
2 4740
-14.9%
3 105105
0.0%
4 6049
-18.3%
5+ 1512
-20.0%

Number of Homes Sold

Nov 2021Dec 2021%
7158-18.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23602, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Dec 2021%
21 Days26 Days+24.5%

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23602 are selling fast, if you're buying plan to act quickly.

About 23602, VA

23602, VA has 209 homes for sale to choose from. Between November 2021 and December 2021, 23602, VA real estate market has seen decrease in the number of listings by 8.7%. Listings spent 26 days on the market in December 2021, and had a median list price of $279,900 during the same period. This housing market listing prices have changed between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 50%, number of 2 bedrooms homes decreased by 14.9%, 3 bedrooms homes inventory did not change, 4 bedrooms homes became 18.3% less available, the quantity of 5 bedrooms homes went down by 20%. While more than 0 listings in 23602, VA in December 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.