Is 23850, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23850 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 23850 has remained a Seller's Market.

Key Takeaway

23850 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23850, VA cost?

Median Sold Price

$299,000

$182/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$73,750(+32.7%)

Key Takeaway

Homes in 23850 have sold for 32.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $225.2K$299K
+32.7%
4 -$280.2K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

23833
+122.2%
23850
+32.7%

How many homes are available in 23850, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
75-28.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23850, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
12 Days33 Days+175.0%

Breakdown of Home Sale Times

2 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

Many homes in 23850 are selling fast, if you're buying plan to act quickly.

About 23850, VA

23850, VA has 5 homes on the market. The number of listings in 23850, VA decreased by 28.6% between November 2021 and December 2021. While the average time on the market in December 2021 was 33 days, the median list price was $299,000. Listing prices have changed in this real estate market between December 2020 and December 2021: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 32.7%, 4 bedrooms properties became 0% more expensive, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 40%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. In December 2021 more than 2 listings in 23850, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.