Is 23901, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23901 is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, 23901 has remained a Seller's Market.

Key Takeaway

23901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23901, VA cost?

Median Sold Price

$249,900

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$50,000(+25.0%)

Key Takeaway

Homes in 23901 have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $67K$142.5K
+112.7%
3 $182.5K$245K
+34.2%
4 $249.9K$297.4K
+19.0%
5+ $237.5K$413.9K
+74.3%

How many homes are available in 23901, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
3132+3.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 12
+100.0%
3 2325
+8.7%
4 75
-28.6%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
106-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23901, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Dec 2020Dec 2021%
23 Days29 Days+26.0%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23901 are selling fast, if you're buying plan to act quickly.

About 23901, VA

23901, VA has 32 homes on the market. The inventory of homes for sale in 23901, VA between November 2021 and December 2021 increased by 3.2%. The median list price of listings available in December 2021 was $249,900, while the average time on the real estate market was 29 days. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 112.7%, prices of 3 bedrooms properties increased by 34.2%, the cost of 4 bedrooms properties went up by 19%, 5 bedrooms properties prices increased by 74.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 100%, the quantity of 3 bedrooms homes went up by 8.7%, 4 bedrooms homes inventory decreased by 28.6%, 5 bedrooms homes did not move. While more than 1 listings in 23901, VA in December 2021 were sold above asking price, there were more than 3 listings sold at asking price, and more than 2 were sold below.