Is 24210, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24210 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 24210 has remained a Seller's Market.

Key Takeaway

24210 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24210, VA

How much do homes in 24210, VA cost?

Median Sold Price

$277,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.2%)

Key Takeaway

The sold price of homes in 24210 has remained the same since last year.

Summary: The median home sold price in 24210 was $277,500 in October 2024, up 0.2% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $188K$180K
-4.3%
3 $260K$267.5K
+2.9%
4 $381.5K$315K
-17.4%
5+ $420K$363.5K
-13.5%

Summary: 24210 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 4.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

24361
+16.2%
24202
0.4%
24210
0.2%
24211
-0.1%

Housing Supply in 24210, VA

How many homes are available in 24210, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3931-20.5%

Summary: The 24210 real estate market had 31 homes for sale in October 2024, a 20.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2519
-24.0%
4 78
+14.3%
5+ 21
-50.0%

Summary: The 24210 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 decreased by 40%, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24210, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 24210 in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for 24210, VA

How long does it take to sell a home in 24210, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days75 Days-22.7%

Summary: Homes in 24210 had an average of 75 days on market in Oct 2024, down by 22.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 24210 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 9 homes were sold in 24210; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in 24210, VA

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