$5,047 Closing Credit*
$425,000
2,628 SqFt
3 Beds
•2 Full Baths
#9974220, Sarah Sawyers, Listing Office: REMAX Results Bristol
Is 24271, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 24271 has remained a Seller's Market.
Key Takeaway
24271 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24271, VA
How much do homes in 24271, VA cost?
Median Sold Price
$180,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.4%)
Key Takeaway
Homes in 24271 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 24271 was $180,000 in November 2024, up 1.4% 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 | $150K | $157.5K | +5.0% |
| 3 Bedrooms | $191.5K | $217.5K | +13.6% |
| 4 Bedrooms | - | $290K | N/A |
| 5+ Bedrooms | $580K | - | N/A |
Summary: 24271 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 5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 24251 | $145K | $199K | +37.2% |
| 24271 | $177.5K | $180K | +1.4% |
| 24224 | $199.2K | $137K | -31.2% |
Housing Supply in 24271, VA
How many homes are available in 24271, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The 24271 real estate market had 9 homes for sale in November 2024, a 10.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 24271 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24271, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 24271 in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 24271, VA
How long does it take to sell a home in 24271, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 104 Days | +46.5% |
Summary: Homes in 24271 had an average of 104 days on market in Nov 2024, up by 46.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 24271 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 24271; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
