Is 24184, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24184 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 24184 was a Seller's Market.

Key Takeaway

24184 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 24184, VA

How much do homes in 24184, VA cost?

Median Sold Price

$529,900

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,900(+14.0%)

Key Takeaway

Homes in 24184 have sold for 14% more than they did a year ago.

Summary: The median home sold price in 24184 was $529,900 in October 2024, up 14% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $425K$170K
-60.0%
3 $450K$445K
-1.1%
4 $656.2K$740K
+12.8%
5+ $950K$1.9M
+101.3%

Summary: 24184 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 decreased by 60%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 101.3%.

Median Sold Price Compared To Nearby Zip Codes

24092
+39.3%
24151
+17.4%
24184
+14.0%
24101
+0.7%

Housing Supply in 24184, VA

How many homes are available in 24184, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1628+75.0%

Summary: The 24184 real estate market had 28 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1015
+50.0%
4 28
+300.0%
5+ 23
+50.0%

Summary: The 24184 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 50%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24184, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 24184 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 24184, 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 23 Days Ago

Newest Listings in 24184, VA

Nearby Markets to 24184, VA