Is 23824, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 23824 was a Seller's Market.
Housing Prices in 23824, VA
How much do homes in 23824, VA cost?
Median Sold Price
$220,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23824 was $220,000 in March 2024, up 12.1% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $525.2K | N/A |
2 Bedrooms | $127.5K | $130.7K | +2.5% |
3 Bedrooms | $196.3K | $189.9K | -3.2% |
4 Bedrooms | $353.1K | $275K | -22.1% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: 23824 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
23930 | $170K | $218.5K | +28.5% |
23824 | $196.3K | $220K | +12.1% |
Housing Supply in 23824, VA
How many homes are available in 23824, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The 23824 real estate market had 27 homes for sale in March 2024, a 17.4% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 23824 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 increased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 23824 in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for 23824, VA
How long does it take to sell a home in 23824, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 85 Days | +272.8% |
Summary: Homes in 23824 had an average of 85 days on market in Mar 2024, up by 272.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 23824; 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.