Is 24066, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24066 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 24066 has remained a Seller's Market.

Key Takeaway

24066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24066, VA

How much do homes in 24066, VA cost?

Median Sold Price

$268,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,600(+20.5%)

Key Takeaway

Homes in 24066 have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in 24066 was $268,000 in November 2024, up 20.5% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$131K
N/A
2 $194.9K$179.5K
-7.9%
3 $203K$252.2K
+24.3%
4 $398.5K$363.2K
-8.9%
5+ $275K$505K
+83.6%

Summary: 24066 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 decreased by 7.9%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 83.6%.

Median Sold Price Compared To Nearby Zip Codes

24066
+20.5%
24090
+16.2%

Housing Supply in 24066, VA

How many homes are available in 24066, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1821+16.7%

Summary: The 24066 real estate market had 21 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 1011
+10.0%
4 55
0.0%
5+ 22
0.0%

Summary: The 24066 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 100%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24066, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 24066 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 24066, 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 24066, VA

Nearby Markets to 24066, VA