Is 23890, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23890 is a seller's market

Buyer's
Market

Difference Since December 2020

At the same time last year, 23890 was a Buyer's Market.

Key Takeaway

23890 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23890, VA cost?

Median Sold Price

$172,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$27,000(+18.6%)

Key Takeaway

Homes in 23890 have sold for 18.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $100.5K$117K
+16.4%
3 $149.9K$190.7K
+27.2%
4 $224K$162K
-27.7%
5+ -$370K
N/A

Median Sold Price Compared To Nearby Zip Codes

23890
+18.6%
23842
+9.9%

How many homes are available in 23890, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1814-22.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 32
-33.3%
3 129
-25.0%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
53-40.0%

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 23890, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
20 Days26 Days+30.0%

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 23890 are selling fast, if you're buying plan to act quickly.

About 23890, VA

23890, VA has 14 homes for sale to choose from. The number of homes for sale in 23890, VA decreased by 22.2% between November 2021 and December 2021. While the average time on the market in December 2021 was 26 days, the median list price was $172,000. Listing prices have changed in this real estate market between November 2021 and December 2021: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 16.4%, 3 bedrooms properties prices increased by 27.2%, prices of 4 bedrooms properties decreased by 27.7%, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes inventory decreased by 25%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes did not move. While more than 2 listings in 23890, VA in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.