$180,000
0.21 Acres
Land
Listing Office: MKB, REALTORS(r)
Is 24018, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 24018 has remained a Seller's Market.
Key Takeaway
24018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24018, VA
How much do homes in 24018, VA cost?
Median Sold Price
$365,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+6.7%)
Key Takeaway
Homes in 24018 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 24018 was $365,000 in November 2024, up 6.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $113.5K | $147.5K | +30.0% |
| 2 Bedrooms | $215K | $238.1K | +10.8% |
| 3 Bedrooms | $290K | $330.2K | +13.9% |
| 4 Bedrooms | $388K | $411K | +5.9% |
| 5+ Bedrooms | $662K | $558.5K | -15.6% |
Summary: 24018 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 15.6%.
Housing Supply in 24018, VA
How many homes are available in 24018, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 148 | 184 | +24.3% |
Summary: The 24018 real estate market had 184 homes for sale in November 2024, a 24.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 17 | 33 | +94.1% |
| 3 Bedrooms | 42 | 52 | +23.8% |
| 4 Bedrooms | 66 | 70 | +6.1% |
| 5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The 24018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 94.1%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 36 | -20.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24018, you could pay more than the asking price. 52.8% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 24018 in November 2024, down by 20.0% month-over-month. Of the 36 sold homes, 42% were sold under asking, 6% were sold at asking, and 53% were sold over asking.
Days on Market for 24018, VA
We’re sorry, we don't have information for this market at the moment
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