$4,738 Closing Credit*
$399,000
2,355 SqFt
3 Beds
•3 Full Baths
Listing Office: LONG & FOSTER - OAK GROVE
Is 24014, 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, 24014 has remained a Seller's Market.
Key Takeaway
24014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24014, VA
How much do homes in 24014, VA cost?
Median Sold Price
$278,300
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,300(+1.2%)
Key Takeaway
Homes in 24014 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 24014 was $278,300 in October 2024, up 1.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239K | $245K | +2.5% |
| 2 Bedrooms | $177.4K | $198K | +11.6% |
| 3 Bedrooms | $275.5K | $264.7K | -3.9% |
| 4 Bedrooms | $491.5K | $499.9K | +1.7% |
| 5+ Bedrooms | $655K | $847.5K | +29.4% |
Summary: 24014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 29.4%.
Housing Supply in 24014, VA
How many homes are available in 24014, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 64 | +23.1% |
Summary: The 24014 real estate market had 64 homes for sale in October 2024, a 23.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 21 | 32 | +52.4% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 24014 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 11.1%, 3 bedroom homes increased by 52.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24014, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 24014 in October 2024, up by 41.7% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for 24014, VA
How long does it take to sell a home in 24014, VA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 24014 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 24014; 6% 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.