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 November 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

$274,500

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,500(+1.7%)

Key Takeaway

Homes in 24210 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 24210 was $274,500 in November 2024, up 1.7% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $188K$180K
-4.3%
3 $260K$265K
+1.9%
4 $380.7K$320K
-16.0%
5+ $450K$363.5K
-19.2%

Summary: 24210 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 4.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Zip Codes

24210
+1.7%
24211
0.5%
24202
-0.4%
24266
-17.8%

Housing Supply in 24210, VA

How many homes are available in 24210, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2930+3.4%

Summary: The 24210 real estate market had 30 homes for sale in November 2024, a 3.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1921
+10.5%
4 54
-20.0%
5+ 10
-100.0%

Summary: The 24210 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 25%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 24210 in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% 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

Nov 2023Nov 2024CHANGE
56 Days68 Days+21.9%

Summary: Homes in 24210 had an average of 68 days on market in Nov 2024, up by 21.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 24210 has remained consistent over time.

Summary: During November 2024, 7 homes were sold in 24210; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

Newest Listings in 24210, VA

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