$3,800 Closing Credit*
$319,999
1,448 SqFt
3 Beds
•2 Full Baths
Listing Office: WALKER REAL ESTATE SOLUTIONS
Is 24101, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 24101 has remained a Seller's Market.
Key Takeaway
24101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24101, VA
How much do homes in 24101, VA cost?
Median Sold Price
$425,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+0.7%)
Key Takeaway
Homes in 24101 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 24101 was $425,000 in October 2024, up 0.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $559K | N/A |
| 2 Bedrooms | $429K | $435K | +1.4% |
| 3 Bedrooms | $400K | $402.5K | +0.6% |
| 4 Bedrooms | $445.7K | $440K | -1.3% |
| 5+ Bedrooms | $480K | $507.5K | +5.7% |
Summary: 24101 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 increased by 1.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in 24101, VA
How many homes are available in 24101, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The 24101 real estate market had 40 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 24101 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 increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24101, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 24101 in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 24101, VA
How long does it take to sell a home in 24101, VA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 24101 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in 24101; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.