Is Ewing, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ewing was a Neutral Market.
Housing Prices in Ewing, VA
How much do homes in Ewing, VA cost?
Median Sold Price
$302,500
$145/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Ewing was $302,500 in May 2024, up 0.2% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $215K | $166K | -22.8% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $389K | $439K | +12.9% |
Summary: Ewing housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Cumberland Gap | $191.9K | $337K | +75.6% |
Ewing | $302K | $302.5K | 0.2% |
Tejay | $280K | $124K | -55.7% |
Housing Supply in Ewing, VA
How many homes are available in Ewing, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Summary: The Ewing real estate market had 9 homes for sale in May 2024, a 25.0% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Ewing 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 decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ewing in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Ewing, VA
How long does it take to sell a home in Ewing, VA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
112 Days | 90 Days | -19.4% |
Summary: Homes in Ewing had an average of 90 days on market in May 2024, down by 19.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Ewing; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.