Is 23235, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 23235 has remained a Seller's Market.
Housing Prices in 23235, VA
How much do homes in 23235, VA cost?
Median Sold Price
$384,833
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 23235 was $384,833 in April 2024, up 5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $173.5K | +5.2% |
2 Bedrooms | $335.7K | $285K | -15.1% |
3 Bedrooms | $335K | $351K | +4.8% |
4 Bedrooms | $387.5K | $410K | +5.8% |
5+ Bedrooms | $520K | $569K | +9.4% |
Summary: 23235 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 23235, VA
How many homes are available in 23235, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 95 | +5.6% |
Summary: The 23235 real estate market had 95 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 41 | 44 | +7.3% |
4 Bedrooms | 36 | 36 | 0.0% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 23235 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 23235 in April 2024, up by 32.0% month-over-month. Of the 32 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for 23235, VA
How long does it take to sell a home in 23235, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 17 Days | +13.8% |
Summary: Homes in 23235 had an average of 17 days on market in Apr 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 23235; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.