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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Afton is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Afton was a Seller's Market.

Key Takeaway

Afton 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 Afton, VA

How much do homes in Afton, VA cost?

Median Sold Price

$549,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,000(-9.9%)

Key Takeaway

Homes in Afton have sold for 9.9% less than they did a year ago.

Summary: The median home sold price in Afton was $549,000 in November 2024, down 9.9% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $472K$434.5K
-7.9%
3 $517.5K$517K
-0.1%
4 $1.4M$610K
-58.2%
5+ $935K$691K
-26.1%

Summary: Afton 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 7.9%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 58.2%, and 5+ bedroom homes decreased by 26.1%.

Housing Supply in Afton, VA

How many homes are available in Afton, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12120.0%

Summary: The Afton real estate market had 12 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Afton 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Afton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Afton in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Afton, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
3 Days22 Days+633.3%

Summary: Homes in Afton had an average of 22 days on market in Nov 2024, up by 633.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Afton; 50% of homes were sold within 30 days, 50% 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 24 Days Ago

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