$4,156 Closing Credit*
$350,000
1,800 SqFt
3 Beds
•2 Full Baths
Listing Office: FIRST CHOICE REAL ESTATE LLC
Is 24176, 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, 24176 has remained a Seller's Market.
Key Takeaway
24176 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24176, VA
How much do homes in 24176, VA cost?
Median Sold Price
$1,025,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$226,175(+28.3%)
Key Takeaway
Homes in 24176 have sold for 28.3% more than they did a year ago.
Summary: The median home sold price in 24176 was $1,025,000 in November 2024, up 28.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $502.5K | +187.1% |
| 3 Bedrooms | $825K | $930K | +12.7% |
| 4 Bedrooms | $807.6K | $1.0M | +28.5% |
| 5+ Bedrooms | $965K | $1.9M | +106.7% |
Summary: 24176 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 187.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes increased by 106.7%.
Housing Supply in 24176, VA
How many homes are available in 24176, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The 24176 real estate market had 19 homes for sale in November 2024, a 9.5% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 24176 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 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24176, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 24176 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 24176, VA
How long does it take to sell a home in 24176, VA?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 24176 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 24176; 0% of homes were sold within 30 days, 14% 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. 
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.