23148 Housing Market Report December 2024•King and Queen County, Virginia

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Housing Prices in 23148, VA

How much do homes in 23148, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$307,475$220/SqFt
+$15,025
+5.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 23148 has increased by 5.1% since last year.

Summary: The median home list price in 23148 was $307,475 in December 2024, up 5.1% from the previous year, and the median price per square foot was $220.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
23126
+77.9%
23009
+9.1%
23148
+5.1%
23177
+3.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$145.5K$145.5K
0.0%
3$297.4K$299.9K
+0.8%
4$1.4M$549K
-63.3%
5-$1.6M
N/A

Summary: 23148 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes decreased by -63.3%. The home price for 5 bedroom homes did not change.

Housing supply in 23148, VA

How many homes are available in 23148, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthDec 2024
72 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The 23148 real estate market had 7 homes for sale in Dec 2024, the same as Nov 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
366
0.0%
400
0.0%
511
0.0%

Summary: 23148 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 23148, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 23148, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 23148 in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 23148, VA

How long does it take to sell a home in 23148, VA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in 23148 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in 23148; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
133 DaysThis YearDec 2024
133 Days1 year agoDec 2023
-0.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in 23148 had an average listing age of 133 days in Dec 2024, down by 0.4% compared to the previous year.

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Newest Listings in 23148, VA

What homes are available in 23148, VA?

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MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, and Northern Neck Association of Realtors MLS for the period 01/01/2023 - 01/01/2025

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Northern Neck Association of Realtors MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NNMLS. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 8:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.