Is Moneta, 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, Moneta has remained a Seller's Market.
Key Takeaway
Moneta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moneta, VA
How much do homes in Moneta, VA cost?
Median Sold Price
$492,500
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Moneta have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Moneta was $492,500 in May 2024, down 1.7% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.5K | $263.5K | +51.0% |
| 2 Bedrooms | $412.5K | $464.9K | +12.7% |
| 3 Bedrooms | $436.5K | $431.4K | -1.2% |
| 4 Bedrooms | $799.9K | $900K | +12.5% |
| 5+ Bedrooms | $1.3M | $1.0M | -19.7% |
Summary: Moneta housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51%, 2 bedroom homes increased by 12.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 19.7%.
Median Sold Price Compared To Nearby Cities
| Hardy | $356.5K | $413.5K | +16.0% |
| Goodview | $300K | $342.1K | +14.1% |
| Lakes | $355K | $383.8K | +8.1% |
| Moneta | $501.2K | $492.5K | -1.7% |
| Gills Creek | $550K | $505K | -8.2% |
Housing Supply in Moneta, VA
How many homes are available in Moneta, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 143 | 159 | +11.2% |
Summary: The Moneta real estate market had 159 homes for sale in May 2024, a 11.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 12 | 20 | +66.7% |
| 3 Bedrooms | 79 | 76 | -3.8% |
| 4 Bedrooms | 28 | 36 | +28.6% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Moneta 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 increased by 66.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 28 | -28.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moneta, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Moneta in May 2024, down by 28.2% month-over-month. Of the 28 sold homes, 32% were sold under asking, 43% were sold at asking, and 25% were sold over asking.
Days on Market for Moneta, VA
How long does it take to sell a home in Moneta, VA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 3 Days | -54.2% |
Summary: Homes in Moneta had an average of 3 days on market in May 2024, down by 54.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moneta are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 28 homes were sold in Moneta; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.