$60,000
0.36 Acres
Land
#9974471, Anslee Cook, Listing Office: eXp Realty, LLC
Is 24211, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 24211 was a Seller's Market.
Key Takeaway
24211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 24211, VA
How much do homes in 24211, VA cost?
Median Sold Price
$383,900
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,900(+0.5%)
Key Takeaway
The sold price of homes in 24211 has remained the same since last year.
Summary: The median home sold price in 24211 was $383,900 in November 2024, up 0.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $181.2K | $269.5K | +48.7% |
| 3 Bedrooms | $329K | $354.9K | +7.9% |
| 4 Bedrooms | $437K | $400K | -8.5% |
| 5+ Bedrooms | $565K | $647K | +14.5% |
Summary: 24211 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 48.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in 24211, VA
How many homes are available in 24211, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The 24211 real estate market had 31 homes for sale in November 2024, a 24.0% increase 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 | 1 | 0.0% |
| 3 Bedrooms | 12 | 18 | +50.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 24211 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24211, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 24211 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 24211, VA
How long does it take to sell a home in 24211, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 51 Days | -12.7% |
Summary: Homes in 24211 had an average of 51 days on market in Nov 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 24211 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 24211; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
