Is 23836, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23836 is a seller's market

Buyer's
Market

Difference Since April 2021

At the same time last year, 23836 was a Neutral Market.

Key Takeaway

23836 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23836, VA cost?

Median Sold Price

$400,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$72,500(+22.1%)

Key Takeaway

Homes in 23836 have sold for 22.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $241.2K$183.4K
-24.0%
3 $242.5K$280K
+15.5%
4 $336.1K$399.9K
+19.0%
5+ $449.9K$497K
+10.5%

Median Sold Price Compared To Nearby Zip Codes

23836
+22.1%
23831
+17.7%
23860
+11.4%
23231
+10.7%
23834
+10.4%

How many homes are available in 23836, VA?

Number of Homes For Sale

Mar 2022Apr 2022%
8272-12.2%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 22
0.0%
3 1916
-15.8%
4 3429
-14.7%
5+ 2725
-7.4%

Number of Homes Sold

Mar 2022Apr 2022%
2024+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23836, you could pay more than the asking price. 73.9% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
9 Days16 Days+85.5%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23836 are selling fast, if you're buying plan to act quickly.

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

About 23836, VA

Number of homes for sale in 23836, VA real estate market have reached 72. Between March 2022 and April 2022, 23836, VA real estate market has seen decrease in the number of listings by 12.2%. The median list price of listings available in April 2022 was $400,000, while the average time on the real estate market was 16 days. Real estate listing prices changed between March 2022 and April 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties decreased by 24%, 3 bedrooms properties prices increased by 15.5%, 4 bedrooms properties prices increased by 19%, 5 bedrooms properties became 10.5% more expensive. Volume of homes for sale changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory decreased by 15.8%, volume of 4 bedrooms homes went down by 14.7%, the quantity of 5 bedrooms homes went down by 7.4%. 23836, VA housing market in April 2022 saw over 17 listings sold above listed price, more than 4 sold at listed price and over 2 sold below.