$42,999
3.10 Acres
Land
Joel Hinckley, Listing Office: NNN Advisor, LLC
Is 24104, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 24104 was a Buyer's Market.
Key Takeaway
24104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24104, VA
How much do homes in 24104, VA cost?
Median Sold Price
$417,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+8.4%)
Key Takeaway
Homes in 24104 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 24104 was $417,500 in November 2024, up 8.4% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $132.5K | -9.9% |
| 2 Bedrooms | $380K | $370K | -2.6% |
| 3 Bedrooms | $417.5K | $512.4K | +22.7% |
| 4 Bedrooms | $600K | $779K | +29.8% |
| 5+ Bedrooms | $1.2M | $2.4M | +94.0% |
Summary: 24104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 94%.
Housing Supply in 24104, VA
How many homes are available in 24104, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 73 | +14.1% |
Summary: The 24104 real estate market had 73 homes for sale in November 2024, a 14.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 24104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24104, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 24104 in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 24104, VA
How long does it take to sell a home in 24104, VA?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 24104 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 24104; 14% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% 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. 
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