Is 23841, 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, 23841 was a Seller's Market.
Housing Prices in 23841, VA
How much do homes in 23841, VA cost?
Median Sold Price
$304,975
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 23841 was $304,975 in March 2024, up 5.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $120K | -17.2% |
3 Bedrooms | $290.5K | $289.9K | -0.2% |
4 Bedrooms | $425K | $310K | -27.1% |
5+ Bedrooms | $185K | $515K | +178.4% |
Summary: 23841 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 decreased by 17.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 178.4%.
Median Sold Price Compared To Nearby Zip Codes
23841 | $290K | $304.9K | +5.2% |
23872 | $210K | $217.5K | +3.6% |
23805 | $239.4K | $247K | +3.1% |
Housing Supply in 23841, VA
How many homes are available in 23841, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The 23841 real estate market had 13 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 23841 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 increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 23841 in March 2024, down by 80.0% 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 23841, VA
How long does it take to sell a home in 23841, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 4 Days | -45.9% |
Summary: Homes in 23841 had an average of 4 days on market in Mar 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in 23841; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.