Is 24219, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24219 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 24219 has remained a Seller's Market.

Key Takeaway

24219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24219, VA

How much do homes in 24219, VA cost?

Median Sold Price

$210,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,250(+14.3%)

Key Takeaway

Homes in 24219 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 24219 was $210,000 in October 2024, up 14.3% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $80.6K$96K
+19.0%
3 $129.9K$160K
+23.2%
4 $249K$246K
-1.2%
5+ $230K$500K
+117.4%

Summary: 24219 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 increased by 19%, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 117.4%.

Median Sold Price Compared To Nearby Zip Codes

24243
+41.7%
24219
+14.3%
24244
+1.5%

Housing Supply in 24219, VA

How many homes are available in 24219, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31310.0%

Summary: The 24219 real estate market had 31 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1715
-11.8%
4 1111
0.0%
5+ 12
+100.0%

Summary: The 24219 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 increased by 50%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24219, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 24219 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for 24219, VA

How long does it take to sell a home in 24219, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
79 Days62 Days-21.5%

Summary: Homes in 24219 had an average of 62 days on market in Oct 2024, down by 21.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 24219 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 24219; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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 24219, VA

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