$5,698 Closing Credit*
$479,850
3,036 SqFt
4 Beds
•2 Full Baths, 1 Partial
#9974121, Rob Thomas, Listing Office: Prestige Homes of the Tri Cities, Inc.
Is 24266, 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, 24266 was a Seller's Market.
Key Takeaway
24266 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 24266, VA
How much do homes in 24266, VA cost?
Median Sold Price
$200,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$43,252(-17.8%)
Key Takeaway
Homes in 24266 have sold for 17.8% less than they did a year ago.
Summary: The median home sold price in 24266 was $200,000 in November 2024, down 17.8% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $45.5K | N/A |
| 3 Bedrooms | $187.5K | $200K | +6.7% |
| 4 Bedrooms | $269K | $441K | +63.9% |
| 5+ Bedrooms | $410K | $250K | -39.0% |
Summary: 24266 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 did not change, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes decreased by 39%.
Median Sold Price Compared To Nearby Zip Codes
| 24210 | $270K | $274.5K | +1.7% |
| 24266 | $243.2K | $200K | -17.8% |
| 24224 | $199.2K | $137K | -31.2% |
Housing Supply in 24266, VA
How many homes are available in 24266, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Summary: The 24266 real estate market had 12 homes for sale in November 2024, a 29.4% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 6 | -45.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 24266 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 decreased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24266, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 24266 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 24266, VA
How long does it take to sell a home in 24266, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 42 Days | -49.2% |
Summary: Homes in 24266 had an average of 42 days on market in Nov 2024, down by 49.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were 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 24266 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 24266; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
