$30,000
1.00 Acres
Land
Schyler C Higgins, Listing Office: Cornerstone Realty Group Inc
Housing Prices in Big Island, VA
How much do homes in Big Island, VA cost?
Median List Price
$229,250
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$14,250(+6.6%)
Key Takeaway
The list price of homes in Big Island has increased by 6.6% since last year.
Summary: The median home list price in Big Island was $229,250 in December 2024, up 6.6% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $162.5K | -24.4% |
| 3 Bedrooms | $224.5K | $179.9K | -19.9% |
| 4 Bedrooms | $165K | $249.9K | +51.5% |
| 5+ Bedrooms | $777.4K | $1.3M | +70.4% |
Summary: Big Island 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 24.4%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes increased by 51.5%, and 5+ bedroom homes increased by 70.4%.
Median List Price Compared To Nearby Cities
| Natural Bridge | $189K | $242.4K | +28.3% |
| Monroe | $259.9K | $294.9K | +13.4% |
| Big Island | $215K | $229.2K | +6.6% |
Housing Supply in Big Island, VA
How many homes are available in Big Island, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Big Island real estate market had 4 homes for sale in December 2024, a 33.3% increase 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 | 2 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Big Island 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Big Island, VA
How long does it take to sell a home in Big Island, VA?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 136 Days | 83 Days | -38.6% |
Summary: Homes in Big Island had an average listing age of 83 days in Dec 2024, down by 38.6% compared to the previous year.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.