$2,434 Closing Credit*
$205,000
890 SqFt
2 Beds
•1 Full Bath, 1 Partial
Talita Dantas, Listing Office: Mark A. Dalton & Co., Inc.
Is 24523, 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, 24523 has remained a Seller's Market.
Key Takeaway
24523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24523, VA
How much do homes in 24523, VA cost?
Median Sold Price
$277,450
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,850(+2.2%)
Key Takeaway
Homes in 24523 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 24523 was $277,450 in November 2024, up 2.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | $188K | -41.2% |
| 2 Bedrooms | $201K | $215K | +6.9% |
| 3 Bedrooms | $259.9K | $260K | 0.0% |
| 4 Bedrooms | $420K | $330K | -21.4% |
| 5+ Bedrooms | $442.5K | $531K | +20.0% |
Summary: 24523 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.2%, 2 bedroom homes increased by 6.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Zip Codes
| 24556 | $464.2K | $499.9K | +7.7% |
| 24523 | $271.6K | $277.4K | +2.2% |
Housing Supply in 24523, VA
How many homes are available in 24523, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 105 | 118 | +12.4% |
Summary: The 24523 real estate market had 118 homes for sale in November 2024, a 12.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 64 | 68 | +6.3% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 24523 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24523, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in 24523 in November 2024, up by 8.3% month-over-month. Of the 26 sold homes, 35% were sold under asking, 46% were sold at asking, and 19% were sold over asking.
Days on Market for 24523, VA
How long does it take to sell a home in 24523, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 43 Days | +91.7% |
Summary: Homes in 24523 had an average of 43 days on market in Nov 2024, up by 91.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 24523 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 24523; 35% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.