23161 Housing Market Report December 2024•King and Queen County, Virginia

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Housing Prices in 23161, VA

How much do homes in 23161, 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.
$94,000$108/SqFt
-$165,500
-63.8%

Based on all homes listed in December 2024

Insight

The list price of homes in 23161 has decreased by 63.8% since November.

Summary: The median home list price in 23161 was $94,000 in December 2024, down 63.8% from the previous month, and the median price per square foot was $108.

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2--
N/A
3$259.5K$94K
-63.8%
4--
N/A
5--
N/A

Summary: 23161 housing price by bedroom type for December 2024, compared to the previous month. 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 decreased by -63.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 23161, VA

How many homes are available in 23161, 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
1Last MonthDec 2024
22 months agoNov 2024
-50.0 %
Change MoMNov – Dec

Summary: The 23161 real estate market had 1 homes for sale in Dec 2024, a 50.0 % decrease compared to 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%
321
-50.0%
400
0.0%
500
0.0%

Summary: 23161 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 decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 23161, VA

How long does it take to sell a home in 23161, VA?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
110 DaysLast MonthDec 2024
93 Days1 month agoNov 2024
+18.3 %
Change MoMNov – Dec

Summary: Homes in 23161 had an average listing age of 110 days in Dec 2024, up by 18.3% compared to the previous month.

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Newest Listings in 23161, VA

What homes are available in 23161, VA?

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MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, for the period 11/01/2024 - 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: 2/1/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.