$416 Closing Credit*
$35,000
784 SqFt
3 Beds
•2 Full Baths
Jackie McMillon, Listing Office: First Choice Realty
Is Amsterdam, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Amsterdam has remained a Seller's Market.
Key Takeaway
Amsterdam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amsterdam, VA
How much do homes in Amsterdam, VA cost?
Median Sold Price
$532,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,500(+2.6%)
Key Takeaway
Homes in Amsterdam have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Amsterdam was $532,500 in October 2024, up 2.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $225K | -30.8% |
| 3 Bedrooms | $329K | $400K | +21.6% |
| 4 Bedrooms | $567.5K | $614K | +8.2% |
| 5+ Bedrooms | $595K | $699K | +17.5% |
Summary: Amsterdam housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 21.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Daleville | $395K | $497.5K | +25.9% |
| Valley | $332.5K | $382K | +14.9% |
| Troutville | $334.9K | $355K | +6.0% |
| Amsterdam | $519K | $532.5K | +2.6% |
Housing Supply in Amsterdam, VA
How many homes are available in Amsterdam, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 39 | +21.9% |
Summary: The Amsterdam real estate market had 39 homes for sale in October 2024, a 21.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 10 | 17 | +70.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Amsterdam housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 70%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Amsterdam, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Amsterdam in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Amsterdam, VA
We’re sorry, we don't have information for this market at the moment
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