$6,947 Closing Credit*
$585,000
4,072 SqFt
3 Beds
•3 Full Baths
#9973378, Sunni Balta, Listing Office: Holston Realty, Inc.
Is 24361, 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, 24361 has remained a Seller's Market.
Key Takeaway
24361 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24361, VA
How much do homes in 24361, VA cost?
Median Sold Price
$215,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+16.2%)
Key Takeaway
Homes in 24361 have sold for 16.2% more than they did a year ago.
Summary: The median home sold price in 24361 was $215,000 in October 2024, up 16.2% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.4K | $450K | +283.1% |
| 3 Bedrooms | $180K | $201K | +11.7% |
| 4 Bedrooms | $350K | $221.9K | -36.6% |
| 5+ Bedrooms | - | $305.7K | N/A |
Summary: 24361 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 increased by 283.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 36.6%, and 5+ bedroom homes did not change.
Housing Supply in 24361, VA
How many homes are available in 24361, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Summary: The 24361 real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 24361 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24361, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 24361 in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 24361, VA
How long does it take to sell a home in 24361, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | +1.1% |
Summary: Homes in 24361 had an average of 31 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 24361 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 24361; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
