Is 24054, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24054 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 24054 has remained a Seller's Market.

Key Takeaway

24054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24054, VA

How much do homes in 24054, VA cost?

Median Sold Price

$90,000

$44/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 24054 has remained the same since last year.

Summary: The median home sold price in 24054 was $90,000 in October 2024, the same as last year, and the median price per square foot was $44.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$25K
N/A
2 $37K-
N/A
3 $97.5K-
N/A
4 $309K$181.7K
-41.2%
5+ --
N/A

Summary: 24054 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 41.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

24054
0.0%
24112
-15.0%

Housing Supply in 24054, VA

How many homes are available in 24054, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The 24054 real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 24054 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24054, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 24054 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 24054, 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 20 Days Ago

Newest Listings in 24054, VA

Nearby Markets to 24054, VA