Is 23890, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 23890 was a Neutral Market.
Housing Prices in 23890, VA
How much do homes in 23890, VA cost?
Median Sold Price
$169,900
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 23890 was $169,900 in February 2024, down 5.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155.2K | $160K | +3.1% |
3 Bedrooms | $174.9K | $180K | +2.9% |
4 Bedrooms | $348.7K | $223K | -36.1% |
5+ Bedrooms | $53K | $186.5K | +251.9% |
Summary: 23890 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes increased by 251.9%.
Median Sold Price Compared To Nearby Zip Codes
23842 | $325K | $310K | -4.6% |
23890 | $179.4K | $169.9K | -5.3% |
Housing Supply in 23890, VA
How many homes are available in 23890, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The 23890 real estate market had 21 homes for sale in February 2024, a 5.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 23890 housing inventory by bedroom type for February 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 23890 in February 2024, up by 300.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 23890, VA
How long does it take to sell a home in 23890, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
23 Days | 44 Days | +91.8% |
Summary: Homes in 23890 had an average of 44 days on market in Feb 2024, up by 91.8% compared to last year.
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 February 2024, 4 homes were sold in 23890; 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.