Is 24301, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24301 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24301 has remained a Seller's Market.

Key Takeaway

24301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24301, VA

How much do homes in 24301, VA cost?

Median Sold Price

$475,000

$353/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$214,000(+82.0%)

Key Takeaway

Homes in 24301 have sold for 82% more than they did a month ago.

Summary: The median home sold price in 24301 was $475,000 in October 2024, up 82% from last month, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $292K$750K
+156.8%
4 $230K$200K
-13.0%
5+ --
N/A

Summary: 24301 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 156.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.

Housing Supply in 24301, VA

How many homes are available in 24301, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The 24301 real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The 24301 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 increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24301, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 24301 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 24301, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 24301, VA

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