$499,900
1,936 SqFt
3 Beds
•2 Full Baths
Matt G Durand, Listing Office: Mark A. Dalton & Co., Inc.
October 2024
Report Updated 23 Days Ago
Is 24551, 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, 24551 has remained a Seller's Market.
How much do homes in 24551, VA cost?
$403,199
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 24551 was $403,199 in October 2024, up 0.8% from last year, and the median price per square foot was $169.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162.4K | $169.9K | +4.6% |
2 Bedrooms | $245K | $250K | +2.0% |
3 Bedrooms | $350K | $350K | 0.0% |
4 Bedrooms | $500K | $495K | -1.0% |
5+ Bedrooms | $600.5K | $629.9K | +4.9% |
Summary: 24551 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 4.9%.
How many homes are available in 24551, VA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
111 | 103 | -7.2% |
Summary: The 24551 real estate market had 103 homes for sale in October 2024, a 7.2% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 35 | 28 | -20.0% |
4 Bedrooms | 46 | 46 | 0.0% |
5+ Bedrooms | 20 | 15 | -25.0% |
Summary: The 24551 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 increased by 44.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 24551 in October 2024, down by 7.1% month-over-month. Of the 26 sold homes, 42% were sold under asking, 27% were sold at asking, and 31% were sold over asking.
How long does it take to sell a home in 24551, VA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
27 Days | 41 Days | +48.9% |
Summary: Homes in 24551 had an average of 41 days on market in Oct 2024, up by 48.9% compared to last year.
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During October 2024, 26 homes were sold in 24551; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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 23 Days Ago
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Based on information from Lynchburg MLS, Roanoke Valley Association of Realtors MLS, and North Texas Real Estate Information Systems Inc. for the period 11/01/2022 - 11/01/2024
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Last updated on: 11/23/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 11/23/2024, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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