$4,928 Closing Credit*
$415,000
1,890 SqFt
2 Beds
•2 Full Baths
Listing Office: NEST REALTY ROANOKE
Is 24175, 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, 24175 has remained a Seller's Market.
Key Takeaway
24175 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24175, VA
How much do homes in 24175, VA cost?
Median Sold Price
$401,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,000(-3.4%)
Key Takeaway
Homes in 24175 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 24175 was $401,000 in November 2024, down 3.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $237.5K | $212.8K | -10.4% |
| 3 Bedrooms | $295K | $315K | +6.8% |
| 4 Bedrooms | $515K | $610K | +18.4% |
| 5+ Bedrooms | $595K | $653K | +9.7% |
Summary: 24175 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 decreased by 10.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 24175, VA
How many homes are available in 24175, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 46 | +2.2% |
Summary: The 24175 real estate market had 46 homes for sale in November 2024, a 2.2% increase 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 | 1 | 4 | +300.0% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 20 | 15 | -25.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 24175 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 300%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24175, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in 24175 in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for 24175, VA
We’re sorry, we don't have information for this market at the moment
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. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.