Is 23692, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 23692 was a Seller's Market.
Housing Prices in 23692, VA
How much do homes in 23692, VA cost?
Median Sold Price
$755,000
$292/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 23692 was $755,000 in March 2024, up 126.7% from last month, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $333K | $755K | +126.7% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 23692 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 126.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
23692 | $333K | $755K | +126.7% |
23608 | $279.5K | $285K | +2.0% |
Housing Supply in 23692, VA
How many homes are available in 23692, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 66 | -9.6% |
Summary: The 23692 real estate market had 66 homes for sale in March 2024, a 9.6% decrease 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 | 11 | 11 | 0.0% |
3 Bedrooms | 31 | 23 | -25.8% |
4 Bedrooms | 19 | 19 | 0.0% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 23692 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 decreased by 25.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 10 | -58.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 23692 in March 2024, down by 58.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 23692, VA
How long does it take to sell a home in 23692, VA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 77 Days | +126.6% |
Summary: Homes in 23692 had an average of 77 days on market in Mar 2024, up by 126.6% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 23692; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.