Is 24064, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24064 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 24064 has remained a Seller's Market.

Key Takeaway

24064 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24064, VA

How much do homes in 24064, VA cost?

Median Sold Price

$350,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50(0.0%)

Key Takeaway

The sold price of homes in 24064 has remained the same since last year.

Summary: The median home sold price in 24064 was $350,000 in November 2024, the same as last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $126K-
N/A
2 $142.5K$265K
+86.0%
3 $269.4K$340K
+26.2%
4 $414.2K$369K
-10.9%
5+ $333.2K$587.4K
+76.3%

Summary: 24064 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 86%, 3 bedroom homes increased by 26.2%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 76.3%.

Median Sold Price Compared To Nearby Zip Codes

24179
+8.6%
24012
+8.0%
24064
0.0%

Housing Supply in 24064, VA

How many homes are available in 24064, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1623+43.8%

Summary: The 24064 real estate market had 23 homes for sale in November 2024, a 43.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 812
+50.0%
4 47
+75.0%
5+ 11
0.0%

Summary: The 24064 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24064, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 24064 in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 24064, 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 24064, VA

Nearby Markets to 24064, VA