Is 24015, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24015 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 24015 has remained a Seller's Market.

Key Takeaway

24015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24015, VA

How much do homes in 24015, VA cost?

Median Sold Price

$302,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,050(+4.2%)

Key Takeaway

Homes in 24015 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 24015 was $302,000 in November 2024, up 4.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $113.7K$127.5K
+12.1%
2 $215.5K$224.9K
+4.4%
3 $287K$300K
+4.5%
4 $350K$350K
0.0%
5+ $360K$475K
+31.9%

Summary: 24015 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 31.9%.

Median Sold Price Compared To Nearby Zip Codes

24016
+37.9%
24014
+8.0%
24018
+6.7%
24015
+4.2%

Housing Supply in 24015, VA

How many homes are available in 24015, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5266+26.9%

Summary: The 24015 real estate market had 66 homes for sale in November 2024, a 26.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 3446
+35.3%
4 714
+100.0%
5+ 31
-66.7%

Summary: The 24015 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24015, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 24015 in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.

Days on Market for 24015, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 24015, VA

Nearby Markets to 24015, VA