$3,266 Closing Credit*
$275,000
2,194 SqFt
3 Beds
•2 Full Baths, 1 Partial
#9973429, Marsha Stowell, Listing Office: A Team Real Estate Professionals
Is 24290, 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, 24290 has remained a Seller's Market.
Key Takeaway
24290 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24290, VA
How much do homes in 24290, VA cost?
Median Sold Price
$170,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+1.5%)
Key Takeaway
Homes in 24290 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 24290 was $170,000 in October 2024, up 1.5% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125.5K | $110.7K | -11.8% |
| 3 Bedrooms | $168.5K | $179K | +6.2% |
| 4 Bedrooms | - | $215K | N/A |
| 5+ Bedrooms | - | $432.1K | N/A |
Summary: 24290 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 11.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 24251 | $151K | $194.5K | +28.8% |
| 24290 | $167.5K | $170K | +1.5% |
Housing Supply in 24290, VA
How many homes are available in 24290, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The 24290 real estate market had 7 homes for sale in October 2024, a 22.2% 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 24290 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 decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 24290, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 24290 in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 24290, VA
How long does it take to sell a home in 24290, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 130 Days | 93 Days | -27.9% |
Summary: Homes in 24290 had an average of 93 days on market in Oct 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 24290 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 24290; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
