Is 23947, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 23947 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 23947 was a Seller's Market.

Key Takeaway

23947 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in 23947, VA cost?

Median Sold Price

$355,000

$110/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$68,000(+23.7%)

Key Takeaway

Homes in 23947 have sold for 23.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $70K-
N/A
4 $287K-
N/A
5+ $450K$355K
-21.1%

Median Sold Price Compared To Nearby Zip Codes

23947
+23.7%
23954
-27.6%

How many homes are available in 23947, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
139-30.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 01
+100.0%
3 33
0.0%
4 51
-80.0%
5+ 54
-20.0%

Number of Homes Sold

Nov 2021Dec 2021%
41-75.0%

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 23947, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
72 Days8 Days-88.9%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 23947 are selling fast, if you're buying plan to act quickly.

About 23947, VA

23947, VA has 9 homes on the market. The number of listings in 23947, VA decreased by 30.8% between November 2021 and December 2021. Listings spent 8 days on the market in December 2021, and had a median list price of $355,000 during the same period. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties went up by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties decreased by 21.1%. This housing market inventory have changed: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes stayed the same, volume of 4 bedrooms homes went down by 80%, 5 bedrooms homes inventory decreased by 20%. 23947, VA housing market in December 2021 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.