Is 23847, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 23847 was a Buyer's Market.
Housing Prices in 23847, VA
How much do homes in 23847, VA cost?
Median Sold Price
$184,250
$100/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 23847 was $184,250 in April 2024, up 22.8% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $78K | N/A |
3 Bedrooms | $150K | $205K | +36.7% |
4 Bedrooms | $181.4K | $184.2K | +1.6% |
5+ Bedrooms | - | - | N/A |
Summary: 23847 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
23847 | $150K | $184.2K | +22.8% |
23867 | $259K | $165K | -36.3% |
Housing Supply in 23847, VA
How many homes are available in 23847, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The 23847 real estate market had 27 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23847 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 increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 23847 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 23847, VA
How long does it take to sell a home in 23847, VA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 42 Days | -16.7% |
Summary: Homes in 23847 had an average of 42 days on market in Apr 2024, down by 16.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 23847; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.