Is Catawba, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Catawba has remained a Seller's Market.
Housing Prices in Catawba, VA
How much do homes in Catawba, VA cost?
Median Sold Price
$320,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Catawba was $320,000 in May 2024, up 15.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.4K | $273.5K | +262.4% |
2 Bedrooms | $165.5K | $189.9K | +14.8% |
3 Bedrooms | $260K | $275K | +5.8% |
4 Bedrooms | $313.5K | $371K | +18.3% |
5+ Bedrooms | $435K | $492K | +13.1% |
Summary: Catawba housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 262.4%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
Catawba | $277K | $320K | +15.5% |
Roanoke | $231.5K | $259.7K | +12.2% |
Salem | $270K | $295K | +9.3% |
Salem | $275K | $295.2K | +7.3% |
Windsor Hills | $353.6K | $379K | +7.2% |
Housing Supply in Catawba, VA
How many homes are available in Catawba, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 | 132 | +17.9% |
Summary: The Catawba real estate market had 132 homes for sale in May 2024, a 17.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 60 | 64 | +6.7% |
4 Bedrooms | 38 | 48 | +26.3% |
5+ Bedrooms | 8 | 14 | +75.0% |
Summary: The Catawba housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 35 | +40.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Catawba in May 2024, up by 40.0% month-over-month. Of the 35 sold homes, 51% were sold under asking, 17% were sold at asking, and 31% were sold over asking.
Days on Market for Catawba, VA
We’re sorry, we don't have information for this market at the moment