$1,186 Closing Credit*
$99,900
1,470 SqFt
4 Beds
•2 Full Baths
Mike Misjuns, Listing Office: Century 21 ALL-SERVICE
Is 24563, 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, 24563 has remained a Seller's Market.
Key Takeaway
24563 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 24563, VA
How much do homes in 24563, VA cost?
Median Sold Price
$200,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+12.7%)
Key Takeaway
Homes in 24563 have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in 24563 was $200,000 in November 2024, up 12.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $153.4K | $150K | -2.2% |
| 3 Bedrooms | $184.5K | $200K | +8.4% |
| 4 Bedrooms | $225K | $240K | +6.7% |
| 5+ Bedrooms | $283.7K | $252K | -11.2% |
Summary: 24563 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 11.2%.
Median Sold Price Compared To Nearby Zip Codes
| 24563 | $177.5K | $200K | +12.7% |
| 24517 | $215K | $186K | -13.5% |
Housing Supply in 24563, VA
How many homes are available in 24563, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The 24563 real estate market had 3 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 24563 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 24563, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 24563 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 24563, VA
How long does it take to sell a home in 24563, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 5 Days | +25.0% |
Summary: Homes in 24563 had an average of 5 days on market in Nov 2024, up by 25% compared to last year.
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
Key Takeaway
Many homes in 24563 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 24563; 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.
