Is 24153, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24153 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 24153 has remained a Seller's Market.

Key Takeaway

24153 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24153, VA

How much do homes in 24153, VA cost?

Median Sold Price

$295,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,025(+1.7%)

Key Takeaway

Homes in 24153 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 24153 was $295,000 in November 2024, up 1.7% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $142.3K$175K
+22.9%
2 $192.2K$207K
+7.7%
3 $270K$279K
+3.3%
4 $377.4K$380K
+0.7%
5+ $530K$500K
-5.7%

Summary: 24153 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 5.7%.

Median Sold Price Compared To Nearby Zip Codes

24017
+14.1%
24019
+8.7%
24018
+6.7%
24153
+1.7%

Housing Supply in 24153, VA

How many homes are available in 24153, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
153164+7.2%

Summary: The 24153 real estate market had 164 homes for sale in November 2024, a 7.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 2120
-4.8%
3 5761
+7.0%
4 6166
+8.2%
5+ 1416
+14.3%

Summary: The 24153 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 decreased by 4.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3436+5.9%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24153, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 24153 in November 2024, up by 5.9% month-over-month. Of the 36 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for 24153, 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 24153, VA

Nearby Markets to 24153, VA