21 hours on Rocket
$4,388 Closing Credit¹
#2515425, Jeffrey Henderson, Listing office: Hometown Realty
23875 Housing Market Report May 2025•Prince George County, Virginia
Housing Prices in 23875, VA
How much do homes in 23875, VA cost?
Housing Market Conditions
Is 23875, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
23875 is a Seller's Market
Difference Since May 2024
Since last year, 23875 has remained a Seller's Market.
Insight
23875 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$345,000$181/SqFt
+$10,000
+3.0%
Based on all homes sold in the last 12 months
Insight
Homes in 23875 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 23875 was $345,000 in May 2025, up 3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $160K | N/A |
| 33 Bedrooms | $300K | $330K | +10.0% |
| 44 Bedrooms | $355K | $355K | 0.0% |
| 55+ Bedrooms | $410K | $399.5K | -2.6% |
Summary: 23875 housing price by bedroom type for May 2025, 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 +10.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes decreased by -2.6%.
How does 23875, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
23875, VA
Housing supply in 23875, VA
How many homes are available in 23875, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 52Last MonthMay 2025 | ||
| 452 months agoApr 2025 | +15.6 % Change MoMApr – May |
Summary: The 23875 real estate market had 52 homes for sale in May 2025, a 15.6 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthMay 2025 | ||
| 52 months agoApr 2025 | +120.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 19 | 25 | +31.6% |
| 44 Bedrooms | 23 | 22 | -4.3% |
| 55+ Bedrooms | 3 | 5 | +66.7% |
Summary: 23875 housing inventory by bedroom type for May 2025, 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 increased by +31.6%. The inventory for 4 bedroom homes decreased by -4.3%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in 23875, VA cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price8 Homes
Insight
If you're buying a home in 23875, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 23875 in May 2025, up by 120.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and and 18% were sold over asking.
Days on Market for 23875, VA
How long does it take to sell a home in 23875, VA?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in 23875 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 11 homes were sold in 23875; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 15 DaysThis YearMay 2025 | ||
| 18 Days1 year agoMay 2024 | -19.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 23875 had an average listing age of 15 days in May 2025, down by 19.9% compared to the previous year.
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Newest Listings in 23875, VA
What homes are available in 23875, VA?
5 days on Rocket
$3,681 Closing Credit¹
#2514347, Dan Tulli, Listing office: Joyner Fine Properties
7 days on Rocket
$4,037 Closing Credit¹
#2514446, Alli Taylor, Listing office: Keller Williams Realty
$3,563 Closing Credit¹
#2514839, Krystyl Leonard, Listing office: Encompass Realty
$4,257 Closing Credit¹
#2514627, Stella Stanley, Listing office: Signature Properties
$4,453 Closing Credit¹
#2513881, Deborah Carpenter, Listing office: Weichert Brockwell & Associate
$10,000 Closing Credit¹
#2511627, April Beasley, Listing office: Ingram & Associates-Hopewell
$4,572 Closing Credit¹
#2513080, John Thiel, Listing office: Long & Foster REALTORS
$5,308 Closing Credit¹
#2512712, Ronnie Joswick, Listing office: Ingram & Associates-Hopewell
$4,750 Closing Credit¹
#2510627, John Thiel, Listing office: Long & Foster REALTORS
$4,928 Closing Credit¹
#2510604, John Thiel, Listing office: Long & Foster REALTORS
$4,750 Closing Credit¹
#2510608, John Thiel, Listing office: Long & Foster REALTORS
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, for the period 06/01/2023 - 06/01/2025
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 reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.