Is 23830, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23830 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 23830 was a Neutral Market.

Key Takeaway

23830 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 23830, VA

How much do homes in 23830, VA cost?

Median Sold Price

$289,950

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,090(+3.6%)

Key Takeaway

Homes in 23830 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 23830 was $289,950 in April 2024, up 3.6% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $277.1K$289.9K
+4.6%
4 $385K-
N/A
5+ -$705K
N/A

Summary: 23830 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

23830
+3.6%
23805
+3.6%
23841
+3.4%

Housing Supply in 23830, VA

How many homes are available in 23830, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The 23830 real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The 23830 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23830, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 23830 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 23830, VA

How long does it take to sell a home in 23830, VA?

Average Sale Time

Apr 2023Apr 2024CHANGE
87 Days33 Days-62.1%

Summary: Homes in 23830 had an average of 33 days on market in Apr 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 23830 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 23830; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in 23830, VA

Nearby Markets to 23830, VA