$356,688
49.54 Acres
Land
Jason Clay, Listing Office: Maison Real Estate Boutique
October 2024
Report Updated 20 Days Ago
Is 23002, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 23002 has remained a Seller's Market.
How much do homes in 23002, VA cost?
$334,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 23002 was $334,000 in October 2024, up 9.5% from last year, and the median price per square foot was $209.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | - | N/A |
2 Bedrooms | $249K | $191.5K | -23.1% |
3 Bedrooms | $276K | $333K | +20.7% |
4 Bedrooms | $477.5K | $520K | +8.9% |
5+ Bedrooms | $488K | $289.9K | -40.6% |
Summary: 23002 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 40.6%.
How many homes are available in 23002, VA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
46 | 47 | +2.2% |
Summary: The 23002 real estate market had 47 homes for sale in October 2024, a 2.2% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 32 | 28 | -12.5% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 23002 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 23002 in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
How long does it take to sell a home in 23002, VA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
36 Days | 44 Days | +22.0% |
Summary: Homes in 23002 had an average of 44 days on market in Oct 2024, up by 22% compared to last year.
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During October 2024, 8 homes were sold in 23002; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, and Lynchburg MLS for the period 11/01/2022 - 11/01/2024
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 ©2024 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: 11/21/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. 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: 11/21/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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