Is 23944, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23944 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 23944 was a Neutral Market.

Key Takeaway

23944 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 23944, VA cost?

Median Sold Price

$173,500

$103/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$39,000(-18.4%)

Key Takeaway

Homes in 23944 have sold for 18.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $125K-
N/A
4 $300K-
N/A
5+ -$173.5K
N/A

How many homes are available in 23944, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1211-8.3%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 33
0.0%
5+ 66
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 23944, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
75 Days121 Days+60.3%

Breakdown of Home Sale Times

0 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

Most homes in 23944 are taking a long time to sell, it's a good idea to negotiate on homes here.

About 23944, VA

Homes for sale in 23944, VA have reached 11. Between November 2021 and December 2021, 23944, VA real estate market has seen decrease in the number of listings by 8.3%. In December 2021 median list price was $173,500 and the average listing age was 121 days. Listing prices have changed in this real estate market between December 2020 and December 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 0%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 33.3%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. In December 2021, from all listings sold in 23944, VA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.