Is 24073, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24073 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24073 has remained a Seller's Market.

Key Takeaway

24073 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24073, VA

How much do homes in 24073, VA cost?

Median Sold Price

$290,000

$208/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$80,000(+38.1%)

Key Takeaway

Homes in 24073 have sold for 38.1% more than they did a month ago.

Summary: The median home sold price in 24073 was $290,000 in October 2024, up 38.1% from last month, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$218K
N/A
3 $157.5K$325K
+106.3%
4 $439K$883.7K
+101.3%
5+ --
N/A

Summary: 24073 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 106.3%, 4 bedroom homes increased by 101.3%, and 5+ bedroom homes did not change.

Housing Supply in 24073, VA

How many homes are available in 24073, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1318+38.5%

Summary: The 24073 real estate market had 18 homes for sale in October 2024, a 38.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 67
+16.7%
4 36
+100.0%
5+ 22
0.0%

Summary: The 24073 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 increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24073, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 24073 in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 24073, 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 14 Days Ago

Newest Listings in 24073, VA

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