$2,909 Closing Credit*
$244,950
1,576 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: WAINWRIGHT & CO., REALTORS(r)
Is 24073, 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, 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
$262,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$68,000(-20.6%)
Key Takeaway
Homes in 24073 have sold for 20.6% less than they did a year ago.
Summary: The median home sold price in 24073 was $262,000 in November 2024, down 20.6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202.5K | $216.5K | +6.9% |
| 3 Bedrooms | $291.2K | $293.1K | +0.6% |
| 4 Bedrooms | $505K | $362.5K | -28.2% |
| 5+ Bedrooms | $999.5K | $620K | -38.0% |
Summary: 24073 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 6.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes decreased by 38%.
Housing Supply in 24073, VA
How many homes are available in 24073, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The 24073 real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 24073 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 increased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24073, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 24073 in November 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 24073, VA
How long does it take to sell a home in 24073, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 1 Day | -75.0% |
Summary: Homes in 24073 had an average of 1 days on market in Nov 2024, down by 75% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 24073 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 24073; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.