$89,000
1.14 Acres
Land
#9973001, Tracy Lewis, Listing Office: The Addington Agency Bristol
Is 24210, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188K | $180K | -4.3% |
| 3 Bedrooms | $260K | $267.5K | +2.9% |
| 4 Bedrooms | $381.5K | $315K | -17.4% |
| 5+ Bedrooms | $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%.
Housing Supply in 24210, VA
How many homes are available in 24210, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 31 | -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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 25 | 19 | -24.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 1 | -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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 75 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
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.
