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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Amsterdam is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Amsterdam is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Amsterdam, VA

How much do homes in Amsterdam, VA cost?

Median Sold Price

$530,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,600(+1.6%)

Key Takeaway

Homes in Amsterdam have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Amsterdam was $530,000 in November 2024, up 1.6% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $327.5K$225K
-31.3%
3 $400K$385K
-3.8%
4 $570K$614.5K
+7.8%
5+ $600K$653K
+8.8%

Summary: Amsterdam 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 31.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Daleville
+25.3%
Valley
+13.6%
Troutville
+12.4%
Amsterdam
+1.6%

Housing Supply in Amsterdam, VA

How many homes are available in Amsterdam, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
37370.0%

Summary: The Amsterdam real estate market had 37 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 13
+200.0%
3 1619
+18.8%
4 1612
-25.0%
5+ 43
-25.0%

Summary: The Amsterdam 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 increased by 200%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Amsterdam, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Amsterdam in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Amsterdam, VA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Amsterdam, VA

Nearby Markets to Amsterdam, VA

What housing markets are near Amsterdam, VA?