$3,859 Closing Credit*
$325,000
1,934 SqFt
3 Beds
•2 Full Baths
Laney G Thompson, Listing Office: Karl Miller Realty LLC
Is Altavista, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Altavista has remained a Seller's 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
$196,750
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$15,700(-7.4%)
Key Takeaway
Homes in Altavista have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Altavista was $196,750 in December 2024, down 7.4% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $164.2K | $124K | -24.5% |
| 3 Bedrooms | $209.9K | $183.5K | -12.6% |
| 4 Bedrooms | $228K | $269.9K | +18.4% |
| 5+ Bedrooms | $306K | $272.2K | -11.0% |
Summary: Altavista housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.5%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
| Staunton River | $189.5K | $219K | +15.6% |
| Hurt | $181K | $200K | +10.5% |
| Seneca | $275K | $289.9K | +5.4% |
| Altavista | $212.4K | $196.7K | -7.4% |
Housing Supply in Altavista, VA
How many homes are available in Altavista, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Summary: The Altavista real estate market had 12 homes for sale in December 2024, a 36.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Altavista housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Altavista, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Altavista in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 5 Days | -83.2% |
Summary: Homes in Altavista had an average of 5 days on market in Dec 2024, down by 83.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Altavista are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Altavista; 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.
