Is 24083, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24083 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24083 has remained a Seller's Market.

Key Takeaway

24083 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 24083, VA cost?

Median Sold Price

$350,000

$138/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

+$62,500(+21.7%)

Key Takeaway

Homes in 24083 have sold for 21.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 -$225K
N/A
3 $275K$403.5K
+46.7%
4 $512.5K$595K
+16.1%
5+ $360K$350K
-2.8%

Median Sold Price Compared To Nearby Zip Codes

24175
+22.6%
24083
+21.7%
24090
-17.5%

How many homes are available in 24083, VA?

Number of Homes For Sale

Nov 2021Dec 2021%
1916-15.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 22
0.0%
3 75
-28.6%
4 45
+25.0%
5+ 64
-33.3%

Number of Homes Sold

Nov 2021Dec 2021%
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24083, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

About 24083, VA

There are 16 homes are for sale in 24083, VA real estate market. In December 2021 in 24083, VA there were 15.8% less homes for sale than in November 2021. Between December 2020 and December 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties increased by 46.7%, prices of 4 bedrooms properties increased by 16.1%, the cost of 5 bedrooms properties went down by 2.8%. Volume of homes for sale changed: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went down by 28.6%, 4 bedrooms homes inventory increased by 25%, the quantity of 5 bedrooms homes went down by 33.3%. 24083, VA housing market in December 2021 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.