$1,781 Closing Credit*
$150,000
#9973119, Elaine Lawson, Listing Office: Appalachian Realty Executives, LLC
Is 24219, 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, 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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80.6K | $96K | +19.0% |
| 3 Bedrooms | $129.9K | $160K | +23.2% |
| 4 Bedrooms | $249K | $246K | -1.2% |
| 5+ Bedrooms | $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 | $120K | $170K | +41.7% |
| 24219 | $183.7K | $210K | +14.3% |
| 24244 | $171.5K | $174K | +1.5% |
Housing Supply in 24219, VA
How many homes are available in 24219, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 31 | 0.0% |
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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 62 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
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.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.