Is 23834, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23834 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23834 has remained a Seller's Market.

Key Takeaway

23834 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23834, VA cost?

Median Sold Price

$230,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$35,000(+17.9%)

Key Takeaway

Homes in 23834 have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $77K-
N/A
2 $122K$142.7K
+17.0%
3 $185K$215K
+16.2%
4 $230K$282.2K
+22.7%
5+ $305K$375K
+23.0%

Median Sold Price Compared To Nearby Zip Codes

23836
+25.0%
23834
+17.9%
23875
+15.2%
23831
+15.0%
23803
+8.0%

How many homes are available in 23834, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
136120-11.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 1415
+7.1%
3 7771
-7.8%
4 3528
-20.0%
5+ 106
-40.0%

Number of Homes Sold

Nov 2021Dec 2021%
4347+9.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23834, you could pay more than the asking price. 70.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
23 Days14 Days-38.6%

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23834 are selling fast, if you're buying plan to act quickly.

About 23834, VA

23834, VA has 120 homes for sale to choose from. The inventory of homes for sale in 23834, VA between November 2021 and December 2021 decreased by 11.8%. While the average time on the market in December 2021 was 14 days, the median list price was $230,000. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 17%, 3 bedrooms properties prices increased by 16.2%, the cost of 4 bedrooms properties went up by 22.7%, 5 bedrooms properties became 23% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 7.1% more available, 3 bedrooms homes became 7.8% less available, 4 bedrooms homes inventory decreased by 20%, volume of 5 bedrooms homes went down by 40%. 23834, VA housing market in December 2021 saw over 33 listings sold above listed price, more than 5 sold at listed price and over 9 sold below.