$12,500
0.01 Acres
Land
DH Powell, Listing Office: Keller Williams
Is Altavista, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Altavista was a Neutral Market.
Key Takeaway
Altavista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Altavista, VA
How much do homes in Altavista, VA cost?
Median Sold Price
$190,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$24,500(-11.4%)
Key Takeaway
Homes in Altavista have sold for 11.4% less than they did a year ago.
Summary: The median home sold price in Altavista was $190,500 in November 2024, down 11.4% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.7K | $120.5K | -23.1% |
| 3 Bedrooms | $220K | $180K | -18.2% |
| 4 Bedrooms | $228K | $255K | +11.8% |
| 5+ Bedrooms | $306K | $267.4K | -12.6% |
Summary: Altavista 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 23.1%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 12.6%.
Median Sold Price Compared To Nearby Cities
| Staunton River | $189.5K | $219K | +15.6% |
| Hurt | $177.5K | $200K | +12.7% |
| Seneca | $275K | $285K | +3.6% |
| Altavista | $215K | $190.5K | -11.4% |
Housing Supply in Altavista, VA
How many homes are available in Altavista, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The Altavista real estate market had 19 homes for sale in November 2024, a 13.6% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Altavista 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 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Altavista, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Altavista in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Altavista, VA
How long does it take to sell a home in Altavista, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 75 Days | +525.0% |
Summary: Homes in Altavista had an average of 75 days on market in Nov 2024, up by 525% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Altavista has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Altavista; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
