Is 24441, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24441 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 24441 was a Seller's Market.

Key Takeaway

24441 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 24441, VA

How much do homes in 24441, VA cost?

Median Sold Price

$489,900

$229/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$120,400(+32.6%)

Key Takeaway

Homes in 24441 have sold for 32.6% more than they did a month ago.

Summary: The median home sold price in 24441 was $489,900 in December 2024, up 32.6% from last month, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $369.5K$489.9K
+32.6%
4 --
N/A
5+ --
N/A

Summary: 24441 housing prices by bedroom type for December 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 32.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 24441, VA

How many homes are available in 24441, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The 24441 real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 24441 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24441, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 24441 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 24441, VA

How long does it take to sell a home in 24441, VA?

Average Sale Time

Nov 2024Dec 2024CHANGE
4 Days8 Days+77.8%

Summary: Homes in 24441 had an average of 8 days on market in Dec 2024, up by 77.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24441 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 24441; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in 24441, VA

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