$3,551 Closing Credit*
$299,000
1,838 SqFt
3 Beds
•2 Full Baths
Listing Office: Century 21 Virginia Wilder Real Estate
Is 24263, 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, 24263 has remained a Buyer's Market.
Key Takeaway
24263 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 24263, VA
How much do homes in 24263, VA cost?
Median Sold Price
$149,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,500(+19.6%)
Key Takeaway
Homes in 24263 have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in 24263 was $149,500 in October 2024, up 19.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $81K | $65K | -19.8% |
| 3 Bedrooms | $150.2K | $150K | -0.2% |
| 4 Bedrooms | $104.9K | $165K | +57.2% |
| 5+ Bedrooms | $345K | $499.5K | +44.8% |
Summary: 24263 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 19.8%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 57.2%, and 5+ bedroom homes increased by 44.8%.
Median Sold Price Compared To Nearby Zip Codes
| 24263 | $125K | $149.5K | +19.6% |
| 24277 | $161.5K | $97K | -39.9% |
Housing Supply in 24263, VA
How many homes are available in 24263, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The 24263 real estate market had 14 homes for sale in October 2024, a 12.5% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 24263 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 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 24263, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 24263 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 24263, VA
How long does it take to sell a home in 24263, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 28 Days | -46.7% |
Summary: Homes in 24263 had an average of 28 days on market in Oct 2024, down by 46.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 24263 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 24263; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.