Is 23927, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23927 is a seller's market

Buyer's
Market

Difference Since December 2020

At the same time last year, 23927 was a Buyer's Market.

Key Takeaway

23927 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 23927, VA cost?

Median Sold Price

$417,500

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$192,500(+85.6%)

Key Takeaway

Homes in 23927 have sold for 85.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $300K$182.5K
-39.2%
3 $225K$327.5K
+45.6%
4 $69K$599.7K
+769.2%
5+ --
N/A

How many homes are available in 23927, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
11110.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23927, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
235 Days47 Days-79.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 23927 has remained consistent over time.

About 23927, VA

There are 11 homes are for sale in 23927, VA real estate market. The median list price of listings available in December 2021 was $417,500, while the average time on the real estate market was 47 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 39.2% more cheaper, prices of 3 bedrooms properties went up by 45.6%, prices of 4 bedrooms properties went up by 769.2%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. While more than 0 listings in 23927, VA in December 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below.